Elliott Broidy, head of Markstone Capital, was not found to be uncooperative and has been given more time to meet SEC requests for information and testimony.
3 min read · 21 January 2013
Real estate and private equity were among many poorly performing asset classes for the pension, which had an overall loss of almost $50bn.
1 min read · 21 January 2013
The real estate investment firm has paid $167.5m for a 49.9% interest in two Macerich malls in New Jersey and Arizona. GI Partners closed a similar deal last month, with plans to target other REITs in need of recapitalisation.
2 min read · 21 January 2013
Adam Applegarth, who was chief executive of Northern Rock when it was saved by the UK government last year, is reportedly taking up an advisory role at Apollo Management.
1 min read · 21 January 2013
London-based private equity firm Hamilton Bradshaw launched a UK fund today with ING Real Estate Investment Management.
1 min read · 21 January 2013
Direct real estate investing takes centre stage as Korea’s national pension fund seeks rapid growth in alternative assets. PERE magazine October 2009
3 min read · 21 January 2013
The Oregon Investment Council approved a $400m commitment to Lone Star, partly because the firm altered its fee structure and governance procedures to be more ‘LP friendly’.
2 min read · 21 January 2013
Private real estate fund managers are attracted by capital raising opportunities on the public markets. However in launching REITs, GPs may be opening themselves to lawsuits if things go wrong. PERE magazine October 2009
3 min read · 21 January 2013
Pension Consulting Alliance managing director Judy Chambers said the interest shown by managers was ‘in line’ with the consulting firm’s expectations. The next steps in the process are up to the pensions who will be provided the information requested by the PCA.
1 min read · 21 January 2013
The winning contractor saw off three rival bidders for the contract to renew and replace over 2,500km of railway infrastructure across the UK over the next four years.
1 min read · 21 January 2013
