The Miami-based firm is targeting a first close in September for its $500m real estate vehicle, which is focused on distressed office properties in the southern half of the US. On Monday, Parmenter announced the acquisition of a distressed office tower outside of Dallas, the 10th investment for its third fund, which has roughly $600m in assets.
2 min read · 24 January 2013
Executives from Carlyle, APG, Doughty Hanson, Robeco and the EDF spoke to PEO about issues including how to interpret the 'S' in ESG.
1 min read · 24 January 2013
The $94bn pension fund has started webcasting its board meetings following a growing trend among US public pensions to have live feeds of its sessions.
3 min read · 24 January 2013
The San-Francisco-based real estate investor says it’s looking to take advantage of recapitalisation opportunities given the problems in the current debt market.
1 min read · 24 January 2013
The private equity real estate firm run by Russell Platt is reportedly also taking on the Credit Suisse staff who manage the loans.
2 min read · 24 January 2013
The Mexican billionaire has bought 417 Fifth Avenue from Goldman Sachs and Moinian Group for $140m – a 56% discount to its 2007 price. Ashkenazy is also reportedly set to close on the New York Knickerbocker Hotel this week for a 46% discount of its 2007 peak valuation.
2 min read · 24 January 2013
Sandra Burgess, the general counsel of the Georgia Department of Transportation, will head the department’s PPP division. Her appointment comes in the wake of the retirement of former PPP director Earl Mahfuz, who is now serving as the deputy director of PPPs at engineering consulting firm Wilbur Smith.
2 min read · 24 January 2013
Capital Dynamics' David Scaysbrook, speaking on the sidelines of the PEI Responsible Investment Forum in London, expects the quality of environmental, social and governance policies to become a core GP selection point.
1 min read · 24 January 2013
Yet another twist in the US carried interest tax drama makes carry even more legitimate.
3 min read · 31 January 2013
How to get the most benefit from public-private partnerships? It’s a question the whole of the US is wrestling with. In early June, Infrastructure Investor staged our annual Southeast Forum to find out how Florida, Georgia and Puerto Rico are becoming PPP pioneers.
7 min read · 24 January 2013
