Roughly $17bn of opportunistic real estate funds held final closes by the end of 2009, but only after ‘exhaustive’ marketing periods, according to Clerestory Capital.
2 min read · 24 January 2013
Thomas Dowd, Peter Donnelly, Olan Cremin and Mark O' Donnell will continue to lead Avestus Capital Partners as it targets new funds.
1 min read · 24 January 2013
A firm started by a former GMAC managing director said it had won commitments from a Denver money manager, a New York and Los Angeles-based private equity firm and a subsidiary of a Bermuda reinsurance company.
2 min read · 24 January 2013
David Loglisci, one of the central figures in a wide-ranging pension pay-to-play scandal, said he was instructed by 'senior officials' to only approve investment managers given the okay by political operative Hank Morris.
3 min read · 24 January 2013
Landmark’s Fund XIV reached its goal of $1.5bn, but has not yet officially closed. The target was lowered from the fund’s initial offering of $2.4bn.
1 min read · 24 January 2013
Blackstone Real Estate Special Situation Fund II is targeting non-controlling debt and equity investments globally, raising roughly $750m to date.
2 min read · 24 January 2013
The Dallas-based fund plans to invest capital on behalf of UK and European investors to invest in “mid-sized” properties in the US.
1 min read · 24 January 2013
Managers who sold at the height of the market will be rewarded for their ‘discipline’ when LPs once again start deploying capital to private equity real estate vehicles.
3 min read · 24 January 2013
London-based Cardano has been appointed to provide asset allocation, management selection and other advisory services for all asset classes
1 min read · 24 January 2013
The Canadian pension reported above-benchmark returns for its investments in infrastructure and private equity last year, with 10.9% and 13.9% respectively. Real estate returned just 1.3% in 2009.
2 min read · 24 January 2013
