In the middle of a real estate depression, how did Brookfield, led by CEO Bruce Flatt, manage to attract $4bn in commitments to an opportunistic strategy? Jonathan Brasse explains
3 min read · 21 January 2013
Barry Sternlicht shows full confidence ahead of first-day trading of REIT Starwood Property Trust as the firm raises its target fundraise from $500m to $800m.
1 min read · 21 January 2013
Brookfield Asset Management, the Toronto-based real estate and infrastructure investment firm has formed a $4 billion investment consortium aimed at investing in underperforming real estate worldwide.
2 min read · 21 January 2013
The Canadian pension CPPIB has teamed up with GIC Real Estate and a local property company to target Brazilian real estate.
2 min read · 21 January 2013
Amid a firm shake- up, a market-wide fundraising slowdown, and a potential ban by the SEC on certain US placement activities, CP Eaton has seen two professionals depart the firm in the span of two weeks.
2 min read · 21 January 2013
Robert Gifford, the former AEW veteran, has been appointed president and chief executive officer of the troubled insurance group. Former COO of Scanlan Kemper Bard Companies William Glasgow has been named chief restructuring officer.
2 min read · 21 January 2013
The New York-based alternative investment firm revealed it has closed on a deal to buy 1,200 home loans from Lehman Brothers’ Asia subsidiaries for its first ever Asia-focused fund.
2 min read · 21 January 2013
The $200bn sovereign wealth fund of China has invested alongside other new and existing institutional investors, according to the Sydney-based logistics giant. Goodman also said it had formed a A$200m investment venture with The Canadian Pension Plan Investment Board to invest in mainland China.
1 min read · 21 January 2013
Wesley Ogburn, a portfolio manager in charge of hedge funds at the $22bn university endowment today submitted comments to the SEC in favour of maintaining the ability of placement agents to interact with US public pensions.
2 min read · 21 January 2013
The McLean, Virginia-based firm said it was ceasing its investment activities in Latin America owing to market conditions. It is working with investors to wind down the regional platform.
2 min read · 21 January 2013
