The Miami-based real estate firm’s latest commingled vehicle closed on $76 million to develop middle-income residential development projects in Brazil, Colombia, Mexico, Panama, Peru and Uruguay. The value-added vehicle already is 50% committed to projects.
2 min read · 17 January 2013
With a new commitment to Hines, the bank is now focusing on Eastern Europe. PERE Magazine June 2012 issue.
1 min read · 17 January 2013
Pius Ho’s start-up venture, Moonbridge Capital, has included a half-time strategy vote in the investment period of its debut fund. The measure provoked discussion in the industry. PERE Magazine, June 2012 issue.
1 min read · 17 January 2013
The Toronto-based global alternative asset manager has held a first close for its debut global real estate opportunity vehicle. This is the first time that the firm has offered discounts for investors in the initial close of a fund.
2 min read · 17 January 2013
The state retirement plan has approved a commitment of $75 million to LaSalle Asia Opportunity Fund IV, which is targeting up to $700 million.
2 min read · 17 January 2013
To the delight of GPs, India's regulators have unveiled a comprehensive framework for the country's alternative assets industry. New regulation will require all alternative investment funds, which includes real estate, to register with the Securities and Exchange Board of India.
2 min read · 17 January 2013
Following the investing of its first fund, the San Francisco-based firm has made one promotion within its San Francisco office and one hire within its New York location. Clairvue expects to make additional hires over the next year.
2 min read · 17 January 2013
Luxembourg’s Minister of Finance aims to have legislation in place by the end of the year to make the popular fund domicile compliant with the AIFM Directive. The legislation will also contain financial instruments to entice more business to the country.
2 min read · 17 January 2013
The Washington DC-based retail real estate firm has appointed Morgan Stanley and Credit Suisse veteran Arvind Bajaj to head up its investment arm as part of its plans to expand its portfolio.
3 min read · 17 January 2013
The New York-based private equity real estate firm now is raising capital for the third offering of its opportunistic fund, less than a year after closing on more than $1 billion of commitments during its second capital raise in 2011.
2 min read · 17 January 2013