Three weeks ago, PERE caught up with Martyn McCarthy, European chief executive of Valad Europe, the multi-let specialist with €5bn of assets under management.
5 min read · 24 January 2013
The New York-based firm has purchased 353 North Clark from Mesirow Financial for less than what the building cost to build.
2 min read · 24 January 2013
Six months after Beacon’s 20-building Seattle and District of Columbia portfolio was transferred to special servicing, the Boston-based firm has modified its debt load, pushing maturities out by five years.
2 min read · 24 January 2013
The fund is the first entirely debt-focused investment vehicle raised in Mexico using a new type of listed security called a certificado burasatile. The lender, Navix, plans to co-invest $100m of its money with the certificados busatiles on a variety of projects in the Mexican energy sector.
2 min read · 24 January 2013
How Ireland’s recent woes caused US private equity firm TPG and UK partner Green Property to walk away from a €120 million property deal
3 min read · 24 January 2013
The New York-based firm is targeting office, residential and industrial projects in Rio de Janeiro and expects to close between five and six deals, representing up to R$147m of equity, in the next 60 days.
2 min read · 24 January 2013
CalPERS has received numerous recommendations after a 'special review' of fees, including demanding all GP meetings take place at the pension's offices and not in 'expensive settings'.
2 min read · 24 January 2013
Limited partners think they can sidestep sagging private equity returns by constructing more concentrated portfolios. A survey suggests LPs will narrow GP relationships in 2011.
2 min read · 24 January 2013
The New York-based firm has acquired a 40% stake in a pool of 102 commercial real estate loans, primarily in Florida and Georgia, for roughly $7 million. To support the deal, Hudson will open an office in Florida.
2 min read · 24 January 2013
Switzerland-headquartered Partners Group has hired two German M&A veterans to man its first office in the country.
1 min read · 24 January 2013
