UK-focused real estate firm Mountgrange Capital is considering funding options as Deloitte is appointed as administrator. However, Mountgrange Investment Management, the separate independent fund management operation, is still fundraising for an opportunity vehicle.
2 min read · 21 January 2013
The Abu Dhabi Investment House is reportedly planning to launch a private equity fund to acquire distressed assets.
1 min read · 21 January 2013
The Canadian province will use both public and private money to improve roads, schools and public transport over the next two years
1 min read · 21 January 2013
In a story dated 20 March, PERE reported that David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from various private equity and hedge funds, including a vehicle run by Paladin. The story should have read Paladin Capital Group.
4 min read · 21 January 2013
The Lake Oswego, Oregon-based firm is targeting $200m for its Real Estate Distress Fund. The vehicle will focus on distressed multifamily apartments, particularly in the Sunbelt states.
1 min read · 21 January 2013
The Sacramento-focused firm has set in place a 5% management fee that is only payable on revenue earned by the partnership. The vehicle is focused on buying raw land and finished lots in Sacramento and Reno with the intention of “holding” the assets until property markets return.
2 min read · 21 January 2013
The Paris-based property manager AEW Europe has made its fifth purchase for its European Property Investors Special Opportunities fund, which raised €800m last year.
1 min read · 21 January 2013
Netherlands-based ING Real Estate, one of the largest property managers in the world, has put plans on hold indefinitely for a global real estate opportunity platform as the firm concentrates on asset management instead.
2 min read · 21 January 2013
Private funds and investors are essential to the US Treasury’s plan to rejuvenate credit markets with the purchase of banks’ real estate-related toxic assets.
3 min read · 21 January 2013
Morgan Stanley VP Insa von Jürgensonn has joined the fund management arm of global property services firm Jones Lang LaSalle as fund manager for the firm’s German funds also overseeing the firm’s Northern European assets.
1 min read · 21 January 2013