Industry participants are raising red flags over the pension giant's decision to sponsor legislation that would require placement agents to register as lobbyists and ban success fees.
3 min read · 21 January 2013
The firm has now raised a total of $350m so far from domestic investors for India Advantage Fund Series III.
2 min read · 21 January 2013
Many large institutional investors are expecting to invest in real estate in 2010 through separate accounts, rather than commingled funds. That decision could not only be short-sighted, but also leave them tied to second-tier managers. By Zoe Hughes
3 min read · 31 January 2013
Transactions may be down but there is some encouragement with direct commercial real estate deal volumes picking up in each of the last three quarters.
1 min read · 21 January 2013
After months of negotiations, Morgan Stanley has transferred the ownership of five San Francisco offices to AREA, which provided mezzanine financing for the original $2.6bn deal.
1 min read · 21 January 2013
The Swiss alternative asset management firm is making structural changes to its business, to come into force on 1 January, 2010. As part of this process, its private real estate business will be separated from its private capital department, reporting directly to the firm’s executive board.
1 min read · 21 January 2013
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
2 min read · 21 January 2013
A proposed rule in California would turn placement agents into lobbyists. It’s yet another challenge to the definition of what a placement agent is.
3 min read · 21 January 2013
Andreas Lenz becomes finance manager for Cordea’s German Retail Fund. He will be responsible for overseeing the finance, debt and accounting functions for the vehicle and will also lead the finance team based in Munich.
1 min read · 21 January 2013
Europe and Asia-focused MGPA is buying a company with more than 2,600 acres of land on behalf of its latest European fund, raised in 2008.
2 min read · 21 January 2013
