Chris Papachristophorou, the former global head of opportunistic investing at RREEF, is back in the game with a goal to invest $2 billion of equity. PERE Magazine March 2013 issue.
3 min read · 27 August 2013
The Los Angeles-based real estate manager has completed its initial round of fundraising for its latest Latin American-focused vehicle, a year later than originally anticipated.
2 min read · 27 August 2013
The sovereign wealth fund has increased the headcount of its Asia real estate team to 12 with the appointment of Peter Kim from CBRE Global Investors as senior portfolio manager.
2 min read · 27 August 2013
The former global head of RREEF opportunistic investments has joined Beny Steinmetz Group Real Estate (BSGRE), the real estate division of the Beny Steinmetz Foundation, to launch Invel Real Estate (Invel) with $400 million of seed capital and plans to deploy a total of $2 billion of equity alongside co-investors.
2 min read · 27 August 2013
Charles Hazen, the Houston-based real estate firm’s senior managing director and divisional CEO, is stepping down to go into business for himself. Sherri Schugart has been named as his successor.
2 min read · 27 August 2013
After securing backing from local pension plans, the joint venture between first-time fund manager Pienssa and developer Prodesa is seeking capital from US investors.
3 min read · 27 August 2013
LPs still hold the upper hand before a capital commitment is made to a fund, but afterward the LP-GP relationship becomes much more symbiotic, delegates heard at the PERE Summit: Asia in Hong Kong.
2 min read · 27 August 2013
The Texas-based private equity firm plans to buy the distressed senior-living operator and its 210 properties for less than half the basis of typical senior housing acquisitions.
2 min read · 27 August 2013
The global head of real estate at The Blackstone Group told delegates at PERE’s sixth annual conference how the firm’s competitors have dissipated just as the world’s real estate markets throws up compelling opportunities.
3 min read · 27 August 2013
The University of Texas Investment Management has revealed that its pipeline of investments include a pan-European opportunistic real estate fund anda country-specific manager in Germany.
2 min read · 27 August 2013
