Blackstone and Morgan Stanley lead the latest PERE 30 ranking for the second year running. That may change in the future, though.
2 min read · 31 January 2013
More than 60% of loans coming due in the next decade probably won’t qualify for refinancing and at least $50bn of default-related losses are expected, according to Deutsche Bank.
1 min read · 21 January 2013
The private equity real estate firm founded by Dan Neidich has raised $793.9m for its second vehicle, Dune Real Estate Fund II. The vehicle is targeting $1.25bn.
1 min read · 21 January 2013
The Ohio Public Employees Retirement System has hired former director of investments for the New Hampshire Retirement System, Richard Shafer, as deputy director of investments for external management. His role involves executing the pension fund’s private equity and real estate strategies.
1 min read · 21 January 2013
The Wisconsin State Investment Board has committed an additional $40m to two real estate funds to help them delever, including $10m to Fortress’ Fund III.
2 min read · 21 January 2013
Blackstone and Morgan Stanley lead the latest PERE 30 ranking. That may change in the future, though.
2 min read · 21 January 2013
John Gellatly is quitting BlackRock for the UK insurer Aviva where he will be in charge of the firm’s multi–manager business in Europe.
1 min read · 21 January 2013
SUN Apollo Ventures has invested more than $60 million by acquiring a stake in Mumbai-based developer, Keystone Realtors. The joint venture between AREA Property Partners and the Khemka family promoted SUN Group will also invest in the developer’s projects.
1 min read · 21 January 2013
The global buyout firm has agreed to the terms laid out by the brewery’s parent InBev, which include its right – but not obligation – to reacquire the brewery within five years on ‘pre-determined financial terms’.
2 min read · 21 January 2013
Principals from Carlyle, Macquarie, RREEF and Industry Funds Management gathered today cautioned that market will not develop across America’s ‘fifty little countries’ without strong leadership from the government in creating incentives for private investment in infrastructure.
2 min read · 21 January 2013
