Proof's last rap: get a house 2006-05-01 Staff Writer To many, rap music represents the antithesis of responsibility. The genre often glorifies violence, drugs and petty vendettas. But many rap fans are quick to point out that the music can have a positive message as well, and one fan was willing to put his
3 min read · 23 January 2013
The public sphere 2006-05-01 Staff Writer After several years spent licking their wounds—buffeted by accounting scandals, Sarbanes-Oxley and lackluster stock prices—publicly traded companies seem to be making a comeback, at least on the acquisition front. Private equity buyers on both sides of the Atlantic a
2 min read · 23 January 2013
The Pennsylvania Public School Employees’ Retirement System (PSERS) publicised its 2005 investment performance, which was buttressed by strong growth in its alternatives portfolio.
1 min read · 23 January 2013
Lightyear Capital, Lehman Brothers Merchant Banking and hedge fund West End Capital are the latest to make a play in the reinsurance space, launching Flagstone Reinsurance Holdings with $715 million.
2 min read · 23 January 2013
Through acquisitions and new platforms, real estate investment trusts and private equity real estate funds are increasingly crossing paths. By Aaron Lovell
9 min read · 23 January 2013
As the gaming industry expands, private equity has been increasingly tempted to bet on gambling's global boom. But like the act of gambling itself, casinos remain a risky proposition. By Dave Keating
10 min read · 23 January 2013
Headquartered in Cleveland, Ohio, with additional offices in Denver and San Francisco, The Townsend Group provides US real estate consulting services to a broad range of institutional investors, including more than 40 pension funds, as well as all manner of foundations and endowments. Here Frank Blaschka, a principal with more than 11 years of institutional real estate consulting experience, and Martin Rosenberg, the firm's chief operating officer, discuss fund structures, the current investing environment and why they would offer the same advice to LPs and GPs alike.
4 min read · 23 January 2013
As capital continues to flow into private equity real estate, GPs are gaining the upper hand in negotiating the terms of their fund documents—but that doesn't mean LPs are staying quiet. By Paul Fruchbom
10 min read · 23 January 2013
Over the past 15 years, the growth in the private equity real estate industry has been dramatic, both in terms of size and geographic scope, which means the legal and regulatory challenges involved have grown as well.
3 min read · 23 January 2013
Since 2000, Doughty Hanson has invested in real estate throughout Europe, from history-making deals in Finland to landmark offices in the firm's UK backyard. As the firm sets out with its second vehicle, John Howard talks to PERE about team turnover, his hometown in Western Pennsylvania and why investing in Europe requires more than a foreign post office box. By Aaron Lovell
9 min read · 23 January 2013