AIM listed real estate fund manager and contractor suspends shares pending final results for 2008
1 min read · 21 January 2013
AIG Global Real Estate, the property investor and fund management arm of global insurance and financial services company AIG, is planning the sale of its fund management business. Financial details were not disclosed.
1 min read · 21 January 2013
The German fund manager says it has had to prolong the period of suspending redemptions on one fund, while it is able to lift suspensions on another.
1 min read · 21 January 2013
Blackstone, Lone Star, Cerberus, Goldman Sachs and Nomura Bank are reportedly among those registering their interest in Lehman Brothers real estate debt units, Lehman Brothers Commercial Mortgage KK and Sunrise Finance.
1 min read · 21 January 2013
The words of US President Barack Obama this week during his inauguration speech might just as well have been said by a GP to his LPs during an annual investor meeting. Here we present an abridged version, with our translations.
2 min read · 31 January 2013
The UK-based association representing more than 20 investor institutions, including the Wellcome Trust, Hermes and the USS, is seeking to raise its profile and better represent LPs during the downturn.
2 min read · 21 January 2013
LaSalle Investment Management is vying to replace Blackstone as Global Firm of the Year in the PERE Awards. You still have time to cast your votes for this and other 2008 Global PERE Awards categories.
2 min read · 21 January 2013
The private equity firm has brought on Morgan Stanley’s global head of healthcare investment banking, John Moore, to lead its North American healthcare team. The team will focus on global scalability and cost effectiveness.
2 min read · 21 January 2013
The Chicago-based fund manager has extended the deadline of its offer to buy retirement community REIT, American Land Lease after just 85.5% of the company’s stock has been tendered. Green Courte was looking to achieve a minimum tender of 88%.
1 min read · 21 January 2013
Talks have failed between banks and Australian Discount Retail, the country's largest discount retail group, over company debts of A$96m.
2 min read · 21 January 2013