The Madrid-based firm which specialises in developing factory outlet centres in Europe has established a joint venture with MAB Development.
1 min read · 24 January 2013
A $250m loan on the Four Seasons Resort Maui has transferred to CWCapital after MSD Capital defaulted on its repayments. Another $175m loan against the property is also believed to have been transferred.
1 min read · 24 January 2013
The mega-firm has hired a lobbyist to advocate against a proposed California law that would end payments to placement agents for successful fundraisings.
3 min read · 24 January 2013
Despite Timothy Geithner’s assurances to EU finance ministers, new rules for alternative investment fund managers are still being volleyed in Congress.
2 min read · 24 January 2013
The London-based fund manager has held a first close on its core vehicle, the UK Property Income Fund, and hopes to raise a total of £500m. In order to entice interest, the fund will allow investors to choose their own amount of leverage.
2 min read · 24 January 2013
The chief investment officer of ING Real Estate Select resigned at the end of March due to the multi manager’s relocation to the firm’s headquarters in The Hague.
1 min read · 24 January 2013
Wendy Yao has resigned as Apollo Global Management works towards completing the takeover of Citi Property Investors by the end of June
2 min read · 24 January 2013
The US Treasury Secretary said in a second letter the US is bolstering its regulatory approach to alternatives with registration requirements.
2 min read · 24 January 2013
Research by Swiss group, SCM Strategic Capital Management, suggests placement agents decided not to work for certain firms last year in the belief that their fundraising efforts would flounder
1 min read · 24 January 2013
The Los Angeles-based real estate fund manager has appointed Justin Chang as principal to lead its push into private equity. Chang left TPG's Hong Kong office in 2008 after focusing on the firm’s technology practice.
2 min read · 24 January 2013