Even though investments into Asian, non-listed real estate funds have dipped markedly in the short-term, allocations to the sector will increase over the next three to five years.
2 min read · 21 January 2013
The Swiss gatekeeper will manage the Korean sovereign wealth fund's nascent secondaries programme.
1 min read · 21 January 2013
The flow of private real estate firms launching public debt REITs has increased again, after the New York-based firm filed an IPO for Ladder Capital Realty Finance. The vehicle will primarily originate first mortgages and target some CMBS, B-notes and mezzanine loans.
2 min read · 21 January 2013
Future private equity real estate fund sizes could be 50% off their peaks of 2007. For GPs in market, that could mean some stark choices. By Zoe Hughes
2 min read · 21 January 2013
The $200bn Chinese sovereign wealth fund is poised to buy a 40% stake in Chinese private equity and real estate firm, CITIC Capital, in its first domestic investment in a fund management platform. The Beijing-based fund purchased a stake in The Blackstone Group last year.
2 min read · 21 January 2013
Richard Levin, president of Yale University, said the investment model designed by David Swensen had performed ‘spectacularly well’ for the endowment despite a 30% decline in value in the last fiscal year, according to a Bloomberg report.
2 min read · 21 January 2013
CapMan, the Helsinki-based alternatives fund manager has held a final closing for a hotel fund to invest in Finland and Sweden. The fund has already made an investment into 39 hotels and has two and half years to continue investing.
1 min read · 21 January 2013
Apollo Global files an IPO for its debut debt real estate platform, Apollo Commercial Real Estate Finance. ACREFI, which will list as a REIT and be led by Joseph Azrack and Scott Weiner, will target US whole loans and CMBS.
2 min read · 21 January 2013
The Cincinnati-based real estate investment firm secured commitments from nine investors for its fourth vehicle, PERE has learnt. The firm has also bought its first asset, a 170,000-sq. ft Target-anchored centre in Phoenix.
1 min read · 21 January 2013
Jumpstart Capital Partners, a Los Angeles based real estate investor, is hoping to raise $100m for an opportunity fund aiming to buy from distressed sellers in New Zealand. Jumpstart’s CEO Jason Neal has projected IRRs greater than 40%.
1 min read · 21 January 2013
