LP default fears have been assuaged by a lack of capital calls. But the issue of LP liquidity is still as pertinent today as it was last autumn. PERE July/August 2009.
5 min read · 21 January 2013
PERE magazine July/August 2009. Lone Star's Ellis Short is ploughing his millions into keeping English soccer club Sunderland in the Premier League
2 min read · 21 January 2013
PERE magazine July/August 2009.
2 min read · 21 January 2013
Tokyo–based Creed Corporation has completed the sale of a 58-strong portfolio across Berlin, Leipzig and Dresden to a German investor. The firm is currently in administration and has been selling off assets to meet regulatory requirements.
1 min read · 21 January 2013
Just as Starwood Capital plans a $500m debt IPO, Colony Capital also launches its own debt vehicle, Colony Financial. This is the first time Colony has managed a REIT, according to regulatory filings.
2 min read · 21 January 2013
The private equity real estate shop set up by former Warburg Pincus executive Reuben Leibowitz and investment firm Real Estate Capital Partners paid $31 million for the affordable multifamily arm of MMA Financial.
2 min read · 21 January 2013
Marcel Crommen, a former head of real estate investment banking in Germany at Deutsche Bank, has joined Alta Fides, a portfolio company of Swiss-based Corestate Capital.
1 min read · 21 January 2013
Thomas Barrack writes an open letter to Santa Barbara residents appealing for the community to welcome Michael Jackson fans with open arms as they descend on the singer’s “only true home”, the Neverland Ranch. Colony reportedly spent more than $3m renovating the property this year in preparation for its sale.
2 min read · 21 January 2013
The Libyan Foreign Investment Company has become the latest sovereign wealth fund to invest in London commercial real estate directly.
1 min read · 21 January 2013
The $182bn pension, the largest in the US, will negotiate with private equity firms for fee reductions on all new commitments. The practice follows a policy the pension implemented in March to negotiate fee reductions with hedge funds.
2 min read · 21 January 2013
