Barack Obama wants to clamp down on bank-sponsored private equity funds. It could mark the end for such vehicles in the US. By Zoe Hughes
3 min read · 24 January 2013
The real estate investment manager, 60% owned by property services firm Savills, is to target prime assets with secure income streams across the UK.
2 min read · 24 January 2013
The White House hopes to ‘put an end to the risky practices that contributed significantly to the financial crisis’ by forbidding commercial banks from owning private equity or hedge funds.
2 min read · 24 January 2013
According to the latest research by property services firm DTZ, the West End in London has taken back the mantle of being the most expensive office location from Tokyo. Meanwhile Singapore is singled out as an example of an occupational market to have suffered significantly.
2 min read · 24 January 2013
A $209m stalking horse offer to buy 134 senior living facilities is to be recommended to bankruptcy court. The deal would also include the assumption of $945m in debt. The SEC alleged Sunwest was a “virtual Ponzi scheme” in 2009.
2 min read · 24 January 2013
With just 48 hours until polls close, several tight races have emerged; including Rockwood and Starwood fighting for North America fund of the year, and Benson Elliot, Mountgrange and Orion in Europe fundraise of the year.
2 min read · 24 January 2013
The India-focused private equity real estate firm has appointed Raj Inamdar as a principal in charge of creating new business initiatives as it nears the launch of its second opportunity fund.
1 min read · 24 January 2013
Rachel Tan, the former head of capital raising in Europe for Australia’s Macquarie Capital Advisors, has set up her own real estate funds management platform
1 min read · 24 January 2013
INREV concludes from its 2010 Investment Strategies questionnaire that there has been a shift ‘down the risk spectrum’, with investors in unlisted funds preferring to concentrate on core property for diversification and income generation sake
3 min read · 24 January 2013
Amid 5,000 pages of documents released by CalPERS, it was revealed Capmark paid Credit Suisse a one-time fee of $27m for one fund, while RLJ paid Presidio $10.6m for two vehicles, including $1.7m for CalPERS' commitments.
3 min read · 24 January 2013