In relation to the pay-to-play scandal, Ares and Freeman Spogli have signed on to New York Attorney General Andrew Cuomo’s code of conduct that prohibits the use of placement agents.
3 min read · 24 January 2013
A controversial provision that was removed from the AIFM Directive when Sweden held the EU presidency has been reinstated by Spain – prompting criticism from the Alternative Investment Management Association.
2 min read · 24 January 2013
Ares Management and Freeman Spogli & Co. have signed on to New York Attorney General Andrew Cuomo’s placement agent code of conduct.
3 min read · 24 January 2013
Placement agents are once again allowed to interact with New York City pension systems – so long as they comply with strict accreditation and disclosure rules.
3 min read · 24 January 2013
George Jautze, the chief executive officer of ING Real Estate Investment Management, is to bring the curtain down on his almost 20-year tenure with the firm. His duties will be assumed by William Connelly.
2 min read · 24 January 2013
Paris-based AEW Europe has acquired a Frankfurt office for nearly €40 million for its Euroffice Fund
1 min read · 24 January 2013
The property group has mandated HSBC Mexico to act as fiduciary and help raise a $256m industrial fund focusing on investments in logistics platforms across Mexico City, Guadalajara and Monterrey. The new vehicle will target returns of between 13% and 16% and is expected to be fully invested in four years’ time.
1 min read · 24 January 2013
The global real estate and infrastructure firm has purchased a 2.9 million square foot portfolio, 60 percent of which is to be leased back by JPMorgan Chase.
1 min read · 24 January 2013
The Nordic asset manager reveals the plan during a 2009 financial update
1 min read · 24 January 2013
Edd Hendee, a former assistant to Starwood CEO Barry Sternlicht, co-led the creation of Starwood’s mortgage debt REIT, as well as targeting deals for the firm’s hospitality funds.
2 min read · 24 January 2013