The New York-based accounting and consulting firm has recruited Byron Carlock for the newly created position of US real estate practice leader. The firm also is seeking to hire a real estate leader to oversee the Asia market.
2 min read · 17 January 2013
The London-based firm started by former Lehman Brothers bankers has provided a rare bright spot in the European opportunistic fundraising market by reaching £60 million for its first fund.
2 min read · 17 January 2013
Head Niel Thassim and CIO Paul Keogh will not see their employment contracts renewed as the Deutsche Bank unit continues to pave the way for a takeover by New York-based financial services firm Guggenheim.
3 min read · 17 January 2013
Amid plenty of doom and gloom, there were some rays of light to encourage delegates of the PERE Summit: Europe to think positively about the region.
3 min read · 17 January 2013
The Fort Worth, Texas-based private equity firm has purchased a 43 percent stake in the Florida REIT. In addition, TPG will appoint four executives to Parkway’s board of directors.
2 min read · 17 January 2013
Rory Cullinan, chief executive of the non-core business at Royal Bank of Scotland, says letting assets ‘run off’ is the most capital-efficient means of shrinking the bank’s remaining £35 billion of real estate.
4 min read · 17 January 2013
The bank has bought a $100 million portfolio of assets in Paris despite a general approach of ‘caution’ towards Europe.
4 min read · 17 January 2013
More than half of the limited partners for the Pennsylvania-based private equity real estate firm’s second value-added industrial fund came in during the final round of capital-raising.
2 min read · 17 January 2013
Senior executives of AEW Europe and LaSalle Investment Management explained how the popular theme among investors of wanting tight investment parameters for their opportunistic managers contradicts the definition of opportunistic investing and could lead to missed deals.
3 min read · 17 January 2013
The global head of the New York-based private equity firm’s real estate group is due to move into a less active role as the platform’s chairman in 2013, as part of a long-term succession plan for the business.
3 min read · 17 January 2013
