The McLean, Virginia-based firm is immediately closing its Latin America fund and operations.
2 min read · 21 January 2013
The Dallas-based private equity and real estate investor is expected to garner up to $2bn in commitments by the end of August as part of its efforts to raise $20bn to target distress, according to Bloomberg.
1 min read · 21 January 2013
The filing for Chapter 11 this week of Station Casinos could have a damaging impact on the public perception of the private equity real estate industry, argues Zoe Hughes
2 min read · 21 January 2013
The filing for Chapter 11 bankruptcy protection this week of Station Casinos could have a damaging impact on the public perception of the private equity real estate industry, argues Zoe Hughes.
2 min read · 31 January 2013
The pension's former real estate head, Michael Latimer, takes the CIO reins as OMERS prepares to manage third-party money as well as a multi-billion co-investment fund for institutional LPs.
2 min read · 21 January 2013
State-owned properties totaling $1bn are being considered as candidates for sale-leaseback, among them 11 prisons, a hospital and Arizona's House and Senate Capitol buildings. Arizona is considering the asset sales as it struggles with a $3.4bn budget deficit.
2 min read · 21 January 2013
The Pension Benefit Guarantee Corporation (PBGC) has revoked lucrative private equity and real estate advisory contracts with BlackRock, Goldman Sachs and JPMorgan after concluding that the former head of the federal corporation may have acted inappropriately before and during the bidding process.
3 min read · 21 January 2013
Placement agents have formed a loose coalition in the US, as the SEC considers barring state pensions from interacting with them.
4 min read · 21 January 2013
Trilyn managing director Mark Antoncic has warned limited partners to band together and be assertive when trying to preserve their investments. In some cases, this could involve replacing the GP.
2 min read · 21 January 2013
The Singaporean sovereign wealth fund is considering joint investments with ‘sophisticated co-investors’ for the first time and may eventually do the same for retail investors.
2 min read · 21 January 2013