Four months after first starting foreclosure proceedings against Tishman Speyer and BlackRock Realty, CWCapital was yesterday given the green light to auction the sprawling Manhattan residential complex.
2 min read · 24 January 2013
A panel at PEI Media’s compliance forum this week talked about the tough fundraising environment, placement agents and the effects forced registration would have on marketing new funds.
2 min read · 24 January 2013
The US Securities and Exchange Commission's alternatives investigation unit is ramping up its focus on private equity, including taking a closer look at side letters.
2 min read · 24 January 2013
The BMB Group, the Islamic advisory firm which counts the Sultan of Brunei’s family among its clients, has teamed up with Alliance Capital Partners to form BMB Alliance, a pan-European commercial and residential real estate investment firm. The partnership comes just weeks before BMB plans to announce the first of a series of new real estate funds.
2 min read · 24 January 2013
The Edinburgh-based asset manager has named David Paine as its next head of property investments, following the retirement of veteran managing director Alex Watt in November.
1 min read · 24 January 2013
The debut green property fund has made one final acquisition having launched the vehicle in 2008
1 min read · 24 January 2013
Michael Morgenroth, management board member at Gothaer Asset Management AG, takes up the role as Johan van der Ende steps down after three years
2 min read · 24 January 2013
The Pennsylvania State Employees' Retirement System reports returns of -29.3% for its 60 real estate portfolio investments during 2009, a period when it also paid $28.5m in management and consultant fees.
2 min read · 24 January 2013
Mark Gabbay has been appointed Asia Pacific chief investment officer after the firm spent one year searching for an addition to the existing senior team. He will report to Asia Pacific CEO Jack Chandler.
2 min read · 24 January 2013
Brookfield Asset Management CEO Bruce Flatt told delegates at the PERE Forum: Europe in London that the Toronto-based company would likely follow up its $5.5bn investment club with a return to traditional fundraising.
2 min read · 24 January 2013
