The Private Equity Council’s president, Doug Lowenstein, said at a conference Wednesday a tax hike on carried interest in the US is likely to pass – and it’s just one of several tax measures that will hit GPs in the wallet.
3 min read · 24 January 2013
Placement agent Alfred Villalobos is facing a civil suit, while the head of the pension’s alternatives programme has been placed on leave.
2 min read · 24 January 2013
The $21bn Austin-based retirement system will increase its overall real estate portfolio from 2% to up to 8% as part of a long-term diversification strategy, investing up to $600m in the next two years.
1 min read · 24 January 2013
Usual suspects London, Hong Kong and Tokyo still top the most expensive list, according to a survey by CB Richard Ellis. Global rents have fallen 4.6% from one year ago.
2 min read · 24 January 2013
The First Investor, the Qatari investment bank controlled by state-owned Qatari Diar, is to launch a pair of real estate investment funds, one focussed on Brazil and the other focussed on Russia.
1 min read · 24 January 2013
US real estate specialist consultant, The Townsend Group, beefs up multi-manager business by hiring the former head of ING Real Estate Select.
2 min read · 24 January 2013
The Italian tyre manufacturer confirmed today plans to spin off its real estate arm, suggesting this would make it more attractive as a takeover target
2 min read · 24 January 2013
Earth Capital Partners has launched its Forestry Fund I targeting 12% IRRs through the acquisition of established plantations and agricultural land ripe for planting in Brazil and other Latin America countries.
2 min read · 24 January 2013
Meridiam, ACS and VINCI were among the familiar names who submitted responses to the Georgia Department of Transportation’s request for qualifications for the ‘West by Northwest’ road project in metropolitan Atlanta. One portion of the project could cost as much as $1bn to build.
3 min read · 24 January 2013
The current demand for assets is not an indication of a return to “normal” but merely a reflection of how little product exists in today’s market, according to CBRE Investors Capital Partners president Ethan Penner.
2 min read · 24 January 2013
