Palo Alto, California-based Norwest Venture Partners has hired long-time technology executive Dror Nahumi to support the firm as it moves to deploy increased capital in Israeli technology.
2 min read · 22 January 2013
The Carlyle co-founder said he and other private equity players would be among the biggest buyers of the distressed mortgage- and real estate-related assets set to be acquired by the US governments’ $700bn financial rescue plan.
2 min read · 22 January 2013
Robert Zerbst will step down from the real estate investment firm at the end of the year after more than a decade with CBRE. He will continue as advisor to CEO Vance Maddocks. Zerbst founded Peidmont Realty and was a former partner at RREEF.
1 min read · 22 January 2013
An affiliate of the Washington DC-based private equity real estate firm has unveiled PRC Securities, which will raise funds for Perseus Realty and third party real estate vehicles targeting the middle market.
2 min read · 22 January 2013
A survey of UK pension fund trustees has found that more than a quarter are planning to increase allocations to commercial real estate, while around half will maintain their exposure over the medium term.
3 min read · 22 January 2013
UK buyers are especially tempering their demand for holiday properties on the Med island since the credit crunch.
2 min read · 22 January 2013
The world’s sovereign wealth funds are expected to allocate up to 30 percent, or around $218 billion, of new investments in unlisted property funds over the next seven years, according to a report by CB Richard Ellis. It comes as Bahrain-based Investcorp launches a $1bn real estate debt vehicle with an unnamed Gulf sovereign wealth fund as an investor.
2 min read · 22 January 2013
New York-based real estate investment firm GoldenTree InSite Partners has partnered with LDI – Inteligência Urbana Completa to target real estate development projects in and around São Paulo.
1 min read · 22 January 2013
The asset management arm of Dutch banking group Rabobank is raising its second fund of funds dedicated to responsible investing and outperforming ‘mainstream private equity’.
1 min read · 22 January 2013
The investment bank has hired Susan Swanezy to lead marketing and development efforts for DLJ Real Estate and Credit Suisse's core and securities real estate arms.
1 min read · 22 January 2013
