The International Monetary Fund is calling for more regulation on private equity and hedge funds, which it says fall into a 'shadow banking system', while the EVCA told its members a system of registration is in the works in the EU.
2 min read · 21 January 2013
Standardising reporting and valuation methods are key drivers of the IVCA's move to adopt voluntary guidelines for the Indian private equity industry. At present, each LP in a fund has different guidelines for reporting.
2 min read · 21 January 2013
The Boston-based real estate investment firm’s offer has been approved as a stalking horse bid. CrossHarbor, which has provided DIP financing to the bankrupt private members ski and golf club, previously made a reported $470m bid for the US resort in 2008.
2 min read · 21 January 2013
Asia-focused GPs face a year of working intensely with their investors, according to industry consultant and former CalPERS real estate investment officer Mike McCook. He warned delegates at the 2009 PERE Forum in Hong Kong to maintain constant dialogue with LPs.
1 min read · 21 January 2013
London based Palmer Capital Partners and 30 directors at UK property services firm GVA Grimley, are to launch a £75 million property fund aimed at buying distressed assets at bottom of the market prices.
2 min read · 21 January 2013
The project will comprise of four properties from MGPA’s Asia Fund II’s portfolio, which will be redeveloped and integrated with a new office tower.
1 min read · 21 January 2013
It’s yet another sign that the balance of power has shifted to LPs from GPs – at least one new US fund is being structured whereby the capital commitment of the GP is subordinated to that of the LP.
2 min read · 21 January 2013
It’s yet another sign that the balance of power has shifted to LPs from GPs – at least one new US fund is structured whereby the capital commitment of the GP is subordinated to that of the LP.
2 min read · 31 January 2013
The real estate arm of the private equity and hedge fund investment company, Kayne Anderson Capital Advisors, has acquired two properties at Virginia Commonwealth University from an Australian ING property fund.
1 min read · 21 January 2013
Former New York governor Eliot Spitzer, who resigned in 2008 plagued by scandal, has reemerged as a real estate investor, buying 1615 L Street in Washington, DC through the use of $42m in cash.
1 min read · 21 January 2013
