SBZ, a Dutch pension scheme, is switching €135 million of direct investment in Dutch real estate for deployment in global markets via unlisted and listed funds.
1 min read · 21 January 2013
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success without placement agents. Schwarzman was writing on behalf of the industry, not the Blackstone-affiliated Park Hill Group.
3 min read · 21 January 2013
The firm has already invested 20% of Fund III's committed capital. It has also fully realised the real estate portion of its debut fund.
2 min read · 21 January 2013
The asset management firm has hired Brahm Cramer, former co-head of Goldman Sachs’ Real Estate Principal Investment Area, and iStar financial president Jay Nydick to lead its new opportunity platform.
1 min read · 21 January 2013
The private equity and real estate investor has sold a Frankfurt data centre for $28m to data services firm Equinix. The technology centre was the final asset to be sold from a 25-building portfolio bought by GI in 2004. The firm made a 3.7x multiple on the deal.
1 min read · 21 January 2013
The Dallas-based real estate investor has hired Realty Capital Partners CEO Donna Arp to help develop the firm’s institutional relationships as it raises Encore Opportunity Fund II.
2 min read · 21 January 2013
It’s a shame CalPERS may refuse to take a negative stance on the SEC’s proposed placement agent ban, writes Christopher Witkowsky.
2 min read · 21 January 2013
The special purpose acquisition vehicle set up by NRDC in 2007 is urging stockholders to allow it to continue operations as a REIT after failing to find a target business. The SPAC, which raised $414m in its 2007 IPO, will legally have to liquidate in October if shareholders say no.
2 min read · 21 January 2013
The $182 billion US pension will choose from Meketa Investment Group, Pension Consulting Alliance, R.V. Kuhns & Associates and Wilshire Consulting to advise its nascent infrastructure investment programme.
1 min read · 21 January 2013
Alice Connell has joined the value-added investor’s advisory board, joining the likes of Jim Didion and Tim Hoeppner, among others. Connell left TIAA-Cref in 2007 to form her own advisory firm, AM Connell Associates.
1 min read · 21 January 2013
