The joint managers of the European Property Investors Special Opportunities fund have completed the sale and leaseback investment of more than 10 Eroski retail units in Spain.
2 min read · 24 January 2013
LPs speaking at a conference, including the CIO of CalPERS and the CEO for Guggenheim Partners Asset Management, noted obstacles they have faced including high fees and discerning what is 'simply leveraged beta'.
3 min read · 24 January 2013
Richard Cohen has joined the New York-based firm as managing director to help the real estate investment firm raise capital from US investors.
2 min read · 24 January 2013
The pension’s CIO Joseph Dear said LPs that can 'stick together' in the face of GP opposition will be able to win more LP-friendly terms.
2 min read · 24 January 2013
The Japanese firm has sold shares worth ¥10 billion in ailing Daiei to Deutsche Securities, the investment arm of Deutsche Bank.
2 min read · 24 January 2013
Though little attention has been paid to private equity fund managers in the debates over US financial regulatory reform, a planned amendment from Senator Jack Reed could make the Senate’s bill much less friendly to venture and private equity fund managers.
2 min read · 24 January 2013
The newly unveiled PEI 300 ranks Goldman Sachs Principal Investment Area as the largest private equity direct investment programme in the world, just ahead of Carlyle and KKR. The 300 firms on the list have collectively raised less capital over the past five years than in previous years’ rankings.
2 min read · 24 January 2013
PEI Media, publisher of PERE, has raised nearly £3,400 for charity Downsed at this year’s London Marathon. Paul McLean, one of two runners to represent the company, recorded a personal best time of 3hrs 53mins.
1 min read · 24 January 2013
TPG Capital and Caruso Capital Partners have formed a joint venture that will invest as much as $750m of debt and equity in retail centers and mixed-use properties in the western US.
2 min read · 24 January 2013
Atlanta-based Invesco has held a final close for its Mortgage Recovery Fund on $1.46bn of commitments. The fund is part of the US Treasury’s Public-Private Investment Program.
1 min read · 24 January 2013
