The Teacher Retirement System (TRS) of Texas has committed to the second closing of London-based Tristan Capital Partners’ European Property Investors Special Opportunities 3 (EPISO3) fund. The firm has now raised more than €300m.
2 min read · 28 August 2013
Ellis Short, who was a leading principal at private equity real estate titan Lone Star Funds, has formed a new firm and is aiming to corral $1 billion for investments in distressed real estate assets and non-performing debt in Europe.
2 min read · 28 August 2013
The takeover sees Ares finally confirm itself as “a significant player” in the private equity real estate market following prior links with large corporate acquisitions.
3 min read · 28 August 2013
The $15.6 billion pension plan intends to shift its focus from real estate to real assets and is in the process of seeking a new consultant to help find such investments. SFERS also recently committed $40 million to Berkshire Property Advisors’ latest multifamily fund.
2 min read · 28 August 2013
The Los Angeles-based asset manager has teamed up with Citibank to raise $200 million in equity to invest in underserved communities throughout California, Texas and Illinois. With leverage, the fund is positioned to acquire and manage up to $800 million in multifamily communities.
2 min read · 28 August 2013
The $40.5 billion pension plan has allocated $200 million each to three firms that have been selected for a real estate equity manager mandate.
3 min read · 28 August 2013
New York-based firm is said to be the front runner for a portfolio of loans being sold by Britain’s part-nationalised bank Lloyds Banking Group.
2 min read · 28 August 2013
The traditional real estate markets in Asia face serious headwinds going into 2013, which has decreased yield expectations, but smaller markets are expected to eventually take their place, according to a recent KPMG study.
2 min read · 28 August 2013
Despite the greater scarcity of traditional real estate investment opportunities, the Los Angeles-based private equity real estate firm still remains bullish about investing in the asset class, particularly in areas of capital dislocation.
2 min read · 28 August 2013
Lawrence Ceriello has joined law firm Morrison Foerster (MoFo) as real estate partner, and will be responsible for representing and advising commercial lenders, investment banks, life insurers, hedge funds on real estate debt transactions .
2 min read · 28 August 2013
