Research by Swiss group, SCM Strategic Capital Management, suggests placement agents decided not to work for certain firms last year in the belief that their fundraising efforts would flounder
1 min read · 24 January 2013
The Ontario Teachers’ Pension’s real estate portfolio beat its benchmark return of 6% in 2009, yielding a 7% return in the past 12 months. The Canadian pension's real estate portfolio is now valued at C$17.2bn.
2 min read · 24 January 2013
In an interview with Reuters, Perennial Real Estate’s founder Pua Seek Guan, said his firm had closed on a China fund, was pre-marketing another China fund and was slating another vehicle for Singapore.
1 min read · 24 January 2013
The firm’s financial services group, led by Olivier Sarkozy, half brother of the French president, has made three investments.
2 min read · 24 January 2013
The national office vacancy rate reached 17.2% in the first three months of 2010, its highest level since 1994 according to a report from Reis. The rate of decline in rents has slowed marginally, prompting speculation about whether the sector is stabilising.
2 min read · 24 January 2013
Starwood Capital Group has closed on more than $1.8bn of capital commitments for its Global Opportunity Fund VIII and almost another $1bn for its Hospitality Fund II. Both funds are believed to have closed under target.
2 min read · 24 January 2013
PCCP has raised $105m for its $125m follow-on offering to a Lehman Brothers’ mezzanine vehicle it acquired last December, while Fortress is targeting $325m for a follow-on to a 2007 Florida co-investment vehicle.
2 min read · 24 January 2013
The placement vet believes GPs should share the firm, just like him.
2 min read · 24 January 2013
Research by Zurich-based asset management and advisory firm, Strategic Capital Management, shows limited partners pushed GPs over terms during the fundraising process in 2009. PERE Magazine, April 2010 issue.
3 min read · 24 January 2013
New Canterbury-based alternative investment and asset management business sets large capital raising targets for investment programmes in real estate, private equity and infrastructure.
2 min read · 24 January 2013