Dan Prendergast will relocate to London as the placement firm works to build up its franchise in Europe and Asia.
2 min read · 17 January 2013
Having committed capital to London-based family office investment firm FORE, Capricorn Investment Group chief investment officer says family offices are ‘yearning for a new model’ as opposed to commingled, blind-pool, private equity real estate funds.
3 min read · 17 January 2013
The New York-based investment firm has acquired a 56.95 percent stake in the Trianon office tower from Morgan Stanley for €92 million.
2 min read · 17 January 2013
The global placement agent has added three new team members to work out of its New York office.
2 min read · 17 January 2013
A partnership between the two firms has sold Columbia Plaza to its chief tenant, the US State Department, for approximately $100 million. The partners originally acquired the building for $118 million in 2004 but are said to have made a profit through its accumulated rent.
2 min read · 17 January 2013
The London-based private equity real estate firm is poised to become the beneficiary of a defaulted CMBS in Germany issued against a residential-led portfolio comprising almost 2.5 million square feet.
2 min read · 17 January 2013
In a new research paper, Nori Gerardo Lietz throws the spotlight on the staggeringly low number of women in senior investment and finance roles at private equity real estate firms. The hope is that going public with the issue will change the industry for the better.
3 min read · 17 January 2013
Christine Pastore, who headed up the $70bn system’s real estate investment programme, will leave a legacy of strong GP relationships, including an innovative partnership with Blackstone.
4 min read · 17 January 2013
Paul Bacon, the long-serving chief executive officer of the world’s largest private property services firm, is to relinquish his post to the firm’s chairman, Carlo Barel di Sant’Albano, as he eyes launching his own investment management firm.
2 min read · 17 January 2013
The London-based private equity real estate firm led by Robert Laurence has appointed boutique New York-headquartered advisory firm Hodes Weill & Associates for the capital raising task.
2 min read · 17 January 2013