An analysis of performance by European real estate funds suggests a minority brought down returns as well as brought the industry into disrepute
3 min read · 24 January 2013
The Leawood, Kansas-based real estate investors have formed a 40-60 venture with the US banking regulator to take over a pool of 1,100 residential and commercial loans.
2 min read · 24 January 2013
The New York-based platform, led by Joseph Azrach, has appointed Mikulich to run its North America property operations. Mikulich, who starts Monday, joins Grant Kelley and Roger Orf as one of Apollo's three regional heads.
2 min read · 24 January 2013
As it warned investors of a 25% fall in its half-year profit, the Australian investment bank also disclosed several growth initiatives, including debt underwriting in the US and a new office in Argentina. A senior New York Macquarie executive is also scoping out opportunities in Brazil.
3 min read · 24 January 2013
Bruce Malott, a board member with New Mexico's Educational Retirement Board, took a personal loan from the father of a placement agent doing business with the pension.
2 min read · 24 January 2013
The multi-manager business of ING Real Estate Investment Management declares high levels of inflows. The news follows three key departures from the business in recent times
2 min read · 24 January 2013
With two RMB fund launches, TPG has joined private equity firms like Carlyle and Blackstone in throwing itself wholeheartedly behind an untested and pioneering investment vehicle. Will real estate follow suit?
3 min read · 24 January 2013
PERE’s Zoe Hughes witnessed the courtroom posturing, held in Room 248 of New York’s Supreme Court yesterday, that will determine who wins a landmark residential complex and iconic real estate investment disaster zone.
3 min read · 24 January 2013
CalSTRS committed to Wes Edens-led Fortress’ second Credit Opportunities Fund, which is believed to be targeting $2bn. The vehicle will focus on distressed resl estate loans and securities among other things.
2 min read · 24 January 2013
The $134bn pension’s private equity portfolio has been weighed down in part by being ‘overweight’ to buyouts.
2 min read · 24 January 2013
