The London-based firm, which recently raised £500m for its second UK fund, says its non executive chairman Tony Edgley is joining as full-time partner.
2 min read · 24 January 2013
The Swiss fund of funds manager has secured ex-AI Capital head Kazushige Kobayashi to lead its second office in Asia. News of the office opening comes shortly after PERE learned the firm is planning its first Asia real estate fund of funds.
2 min read · 24 January 2013
The Blackstone Group will not have a problem attracting LP capital for its next real estate funds, unlike other firms, according to the firm’s chief Steve Schwarzman.
2 min read · 24 January 2013
The fifth annual PERE conference concluded today with calls for LPs to turn against the flow of capital to core, amid concerns the sector is becoming as risky as value-added and opportunistic strategies. We present other notable quotables from the New York event.
2 min read · 24 January 2013
Speaking at the annual PERE Forum in New York, Mark Burton said LPs have to staff advisory committees with people willing to 'speak out' if the opportunity fund model is to work.
2 min read · 24 January 2013
Switzerland-based alternative investment firm, Capital Dynamics is to increase its exposure to real estate following the hire of Matthias Sturmer, the former co-owner of Pacific Star Europe, the Munich arm of Singapore-based Pacific Star, which has subsequently been wound up.
3 min read · 24 January 2013
The European Parliament and Council have reached agreement on the final text of the long anticipated Alternative Investment Fund Managers directive.
3 min read · 24 January 2013
The UK Takeover Panel has introduced a slew of new reforms which could make it more difficult for private equity firms to seize British companies.
3 min read · 24 January 2013
The New York investment firm has hired Adam Brooks from Goldman Sachs real estate principal investment area to work with fellow Goldman alumni Brahm Cramer and Jay Nydick.
1 min read · 24 January 2013
Singapore’s Pacific Star need loose no kudos after reeling in two funds that didn’t attract commitments. It should be confident its meshed new effort will fare better.
3 min read · 24 January 2013
