The New Jersey-based real estate investment manager has wrapped up capital raising for its US debt fund, which attracted commitments from institutional investors such as the Employees Retirement System of Texas.
2 min read · 17 January 2013
The $15.6 billion pension plan has approved a contribution to an emerging US real estate manager after previously committing to Brookfield’s and Rockpoint’s opportunistic vehicles.
2 min read · 17 January 2013
The New York-based firm, best known for owning a stake in the Chrysler building, has launched a fund with a $750 million final target. If achieved, it would be its biggest to date.
2 min read · 17 January 2013
With German open-ended funds less in contention these days, significant growth in Spezialfonds is expected, according to a report released by CBRE.
3 min read · 17 January 2013
The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013
The Asia- and Europe-focused private equity real estate firm has downsized its Japanese division by nine as it seeks to redeploy and grow its presence in Australia and China.
3 min read · 17 January 2013
The London-based private equity real estate firm held a first close on Friday, raising between €150m and €170m of equity, PERE has learned.
2 min read · 17 January 2013
Improving investor sentiment for Sub-Saharan Africa is evident as the London-based, pan-emerging markets private equity firm smashes through its original $250m fundraising target to haul $278m.
2 min read · 17 January 2013
The New York-based firms have hit the market with their fifth offering in the RCG Longview Debt Fund series. Early investors include the Pennsylvania Public School Employees’ Retirement System, which recently committed $75 million.
2 min read · 17 January 2013
Platform CEO Chris Papachristophorou is to follow RREEF's global CIO Kurt Roeloffs out of the door as the €42bn investment manager looks to concentrate on core business lines.
3 min read · 17 January 2013
