The Dallas-based private equity firm has reportedly raised $1.2bn for its two new funds, including $500m for Lone Star Fund VII and $725m for Lone Star Real Estate Fund II.
1 min read · 21 January 2013
The firm has closed Orion European Real Estate Fund III having committed €300 million of equity so far.
1 min read · 21 January 2013
New York Attorney General Andrew Cuomo said Elliott Broidy paid nearly $1m in gifts to NY Common officials, including more than $90,000 to pay living expenses of one official's girlfriend.
3 min read · 21 January 2013
John Pattar, CLSA Capital Partners' managing director and head of the property fund Fudo Capital, says despite the ‘challenging fundraising environment’, its vehicle Fudo II has continued to attract a broad range of investors.
1 min read · 21 January 2013
At an alternatives conference in New York today, four major LPs said the real estate asset class was a top priority.
1 min read · 21 January 2013
Mansco Perry, the chief investment officer of the Maryland State Retirement Agency, says the pension system views real estate as a long-term asset class, still wants real estate fund managers … but wants fees to come down. PERE magazine December 2009-January 2010 issue.
3 min read · 21 January 2013
The UK student accommodation operator says it has already received £133 million from major third party institutional investors to aide its expansion
1 min read · 21 January 2013
Marathon Asset Management recently held a first close reportedly on $400m for PPIP, leaving Oaktree as the last firm to reach the benchmark.
2 min read · 21 January 2013
Voting is now open for the fourth annual readers’ poll hosted by PERENews.com and PERE magazine. Who will clinch industry figure of the year? Which firm mattered the most in 2009?
2 min read · 21 January 2013
The alternative asset manager is the latest firm to hold a first close on its PPIP fund, reportedly raising $400m. Oaktree is the only manager yet to announce a first close.
2 min read · 21 January 2013
