The founder and co-chairman of Fortress Investment Group believes heavier regulation of private equity is both inevitable and positive. It's a 'new aspect of life' having the regulators show up, he said.
2 min read · 21 January 2013
Pending a review of its policies by Governor-elect Chris Christie, the state will not make any new commitments to its alternative investment programme.
3 min read · 21 January 2013
More than a third of industry professionals attending the annual PERE Forum: New York believe valuations will decline by another 10% or more. It comes as delegates are advised to underwrite deals with no rental growth assumptions for “years and years”.
2 min read · 21 January 2013
GE Capital Real Estate has appointed Gregg Morin as a director in its global investment management operation
1 min read · 21 January 2013
A highly leveraged deal in 2006 by Fortress Investment Group is still generating headlines three years later.
3 min read · 21 January 2013
LaSalle Investment Management appoints Uwe Rempis as head of asset management following two years of service.
1 min read · 21 January 2013
A recent court decision shows that the offshore investments of UK private equity firms could be subject to the country’s higher tax rate, unless they can provide better documentation that strategic board decisions were made outside the UK.
3 min read · 21 January 2013
The mortgage REIT created by Barry Sternlicht’s Starwood Capital group has acquired $110m portfolio of loans on seven properties and $10.9m in bonds secured against a NYC hotel. The firm has another $66m of deals under contract.
2 min read · 21 January 2013
Richard Dansereau has joined the firm as managing director to head Stonehenge’s newly created investment management division.
1 min read · 21 January 2013
The $400m sale of commercial mortgage bonds by US mall owner Developers Diversified Realty was the first deal to be sold under TALF, following an 18-month dry spell for the CMBS industry.
2 min read · 21 January 2013
