Benjamin Young, the former chief investment officer of RREEF’s opportunity funds, has joined Strategic Value Partners as global head of real estate. SVP has also hired Georg Strassner, formerly with Morgan Stanley subsidiary Argoneo.
2 min read · 24 January 2013
Joyce Shapiro has joined the New York-based real estate team from Brookfield Asset Management to lead its expansion into real asset fund of funds, targeting infrastructure, energy, water, agriculture and timber.
1 min read · 24 January 2013
Leon Shahinian, the 12-year pension veteran described as ‘honest’, has been placed on leave after allegations he failed to disclose a lavish trip paid for by placement agent Alfred Villalobos.
4 min read · 24 January 2013
Reed’s amendment to the Senate’s financial regulatory reform bill would require private equity and venture capital fund managers with more than $100 million adviser to register with the SEC. The amendment would also ensure that the new advisor registration threshold does not weaken existing oversight.
2 min read · 24 January 2013
Leon Shahinian, the 12-year pension veteran described as ‘honest’, has been placed on leave amid a burgeoning pension scandal in California.
4 min read · 24 January 2013
Former US Treasury Secretary Henry Paulson does not support the Volcker rule, nor does he believe it would have saved any failed banks during the financial crisis.
2 min read · 24 January 2013
Townsend this week threw down the gauntlet to fund of funds managers by hiring ex-ING multi-manager head Nick Cooper, raising concerns among fund of funds managers about losing business.
3 min read · 31 January 2013
The US REIT has withdrawn its acquisition and recapitalisation proposals for bankrupt mall REIT General Growth Properties, alleging the firm ‘hastily’ decided to transfer hundreds of millions of dollars of value to the Brookfield-led consortium plan.
2 min read · 24 January 2013
Following a tumultuous 2009 for global real estate, 2010 is already showing significant signs for optimism, according to property services firm DTZ in its annual “Money into Property” report.
2 min read · 24 January 2013
Townsend this week threw down the gauntlet to fund of funds managers by hiring ex-ING multi-manager head Nick Cooper, raising concerns among fund of funds managers about losing business.
3 min read · 24 January 2013
