In addition to hiring Rennyson Merritt as a partner in Boston, the Merrill Lynch private placement spinout has added six other professionals to its team recently.
1 min read · 18 January 2013
Board members and executive staff of California’s two largest pension systems now face tough restrictions on their post-pension employment.
2 min read · 18 January 2013
The former co-head of McKinsey's North America asset management practice has replaced Charles Lowrey as leader of the Prudential’s investment management subsidiary.
1 min read · 18 January 2013
The Singapore-based firm has raised the first $300 million for its ARA Asia Dragon Fund II opportunity fund thanks largely to support from the Teacher Retirement System of Texas. A second $200m closing is expected by the end of next month.
2 min read · 18 January 2013
The New York-based real estate investment manager has formed a joint venture with the Feil Organization to acquire 21 Penn Plaza for $130 million.
1 min read · 18 January 2013
Chris Brett has joined LaSalle Investment Management from parent company, Jones Lang LaSalle, in a newly created role of European head of strategic partnerships.
1 min read · 18 January 2013
The $146.9 billion pension fund has allocated $300 million to the Chevy Chase, Maryland-based emerging fund manager.
2 min read · 18 January 2013
A conversation with a German private equity real estate fund manager at the EXPO Real conference in Munich this week threw the spotlight on a deep-rooted reluctance by German lenders to allow large, discounted loan book sales to US private equity houses like in the mid-naughties.
4 min read · 18 January 2013
US special servicer owned by Lewis Ranieri’s company, Ranieri Partners, has acquired global real estate advisory firm, The Situs Companies.
2 min read · 18 January 2013
The Chicago firm has raised $650 million for its latest vehicle, which will focus on real estate companies in emerging and frontier markets.
1 min read · 18 January 2013
