The Nordic private equity real estate fund manager has held a first close on Sveafastigheter Fund III, and hopes to progress to an upper total of €400m
2 min read · 24 January 2013
Morgan Stanley Alternative Investment Partners raised $370 million for its latest secondaries vehicle – Morgan Stanley AIP Phoenix Global Real Estate Secondaries – 30 percent more than its original target. Joseph Stecher, head and chief investment officer of AIP real estate fund of funds, talks about the fundraise, the fund’s strategy and the “enduring” focus on NAVs.
3 min read · 24 January 2013
Heikki Westerlund, Capman CEO since 2005, will next month make way for Lennart Simonsen, a former M&A lawyer.
2 min read · 24 January 2013
The former global head of Morgan Stanley Real Estate Investing is joining forces with John Carrafiell and Fred Schmidt to create their own merchant banking real estate platform.
2 min read · 24 January 2013
John Herbert continues love affair with global banks and their real estate activities
2 min read · 24 January 2013
Jennifer Aleman Hutter and Elizabeth Weiner have formed a consulting firm, focused solely on the GP-side of the placement business.
1 min read · 24 January 2013
The private equity real estate arm of Leon Black’s buyout shop has garnered $107m for its securitised debt vehicle, on top of $317m for its mortgage REIT.
2 min read · 24 January 2013
David Schaefer, the former head of Asia Pacific at Citi Property Investors, has been appointed to lead property services firm DTZ’s investment management charge in Asia.
2 min read · 24 January 2013
The Dallas-based real estate group has so far won commitments totalling $120m for its US IV fund and is targeting $500m for the final close this year.
1 min read · 24 January 2013
Bill Thompson, Walter Stackler, Pamela Wright and Fredrik Elwing have all left to join the New York-based bank. Greenhill said its expansion into the real estate capital raising business was a ‘natural step’.
2 min read · 24 January 2013
