Tony Tan has given up his positions as deputy chairman and executive director at the Government of Singapore Investment Corporation to contest at the upcoming Singapore presidential elections. The news comes days after GIC revealed its new RE chief.
2 min read · 18 January 2013
Private equity firms active in the UK have gained vital clarity on their responsibilities in the government’s battle against corruption. Many of their liabilities will extend to portfolio company level under the UK Bribery Act set to enter force in July.
2 min read · 18 January 2013
Just as the SEC publishes guidelines over registration requirements for buyout groups, a Republican-led effort to exempt private equity firms from SEC oversight has taken another step forward.
1 min read · 18 January 2013
Ernst & Young has been appointed receiver to a £1bn portfolio of Marriott hotels in the UK bought by Quinlan Private and clients of Israeli investor, Igal Ahouvi Group, in 2007.
2 min read · 18 January 2013
The Scottish global investment management firm has created a new position to help accommodate its growing base of real estate LPs. Roberto Varandas, formerly with UBS, will fill that role as global head of property business development
2 min read · 18 January 2013
The US Securities and Exchange Commission adopted final rules surrounding required registration with the agency. Private fund managers must comply by 30 March 2012.
1 min read · 18 January 2013
American Realty Advisors has purchased 1515 Wynkoop Street from Hines for $120 million. The 307,000-square-foot building is 90 percent leased.
1 min read · 18 January 2013
The Los Angeles firm that is enlarging via the acquisition of ING Real Estate Investment Management has appointed Cédric Engel and Loïc Cohen to enhance its value-added investment capabilities in Europe. Jean Lamothe, president of CBRE Investors in Europe, calls them 'tremendous additions'.
2 min read · 18 January 2013
Invesco’s former research director has joined the real estate investment business of Deutsche Bank’s asset management division as global head of research.
1 min read · 18 January 2013
Josh Cleveland has joined Clairvue Capital Partners as the firm starts to target real estate secondaries as well as recapitalisations.
2 min read · 18 January 2013
