A bright spot in disappointing fourth quarter results as New York REIT, Vornado Realty Trust, says it has $416m of unfunded commitments left of its $800m private equity real estate fund, Vornado Capital Partners.
3 min read · 17 January 2013
John Gray of New York’s Blackstone Group has been promoted to the main board of directors. His ascension to the top table comes shortly after he became sole head of the firm’s real estate platform.
2 min read · 17 January 2013
The Chicago-based real estate investment management firm has made a large exit from its third Asia opportunity fund. The fund is currently in asset management and exit mode after its investment period expired last year.
2 min read · 17 January 2013
The New York-based private equity and real estate giant has clinched an additional $4 billion in commitments since January and is expected to raise a total of $12 billion by year’s end.
2 min read · 17 January 2013
Despite market conditions causing 2011 to be a “roller coaster ride”, the Canadian institutional fund manager’s real estate portfolio generated positive returns last year.
2 min read · 17 January 2013
The $110 billion state pension plan has committed $15 million apiece to Admiral Capital and CityView’s latest funds on behalf of its emerging manager programme. The pension plan also has committed $50 million to a fund by Hawkeye Partners that provides seed money to emerging managers.
2 min read · 17 January 2013
Ireland's National Asset Management Agency, which is seeking to wind down a €31 billion portfolio of real estate loans, has hit out at weekend press reports suggesting it could have cost 230 jobs that were being created in Dublin.
3 min read · 17 January 2013
A large majority of GPs are under pressure from investors to contribute more capital to their own funds – but most may be unwilling or even unable to do so, according to a new Investec survey.
1 min read · 17 January 2013
Record secondary deal volume is giving GPs the opportunity to broaden their investor base, according to panelists at Harvard Business School’s Venture Capital and Private Equity Conference.
2 min read · 17 January 2013
The lowering of the capital overhang will place the advantage on the buy side, the Terra Firma Capital Partners founder said at Harvard’s Venture Capital and Private Equity Conference.
2 min read · 17 January 2013
