Despite trying to sell itself to third parties, the real estate investment arm of the Dutch insurance group has hired Bruno Cohen as CIO of its Paris office.
2 min read · 24 January 2013
TPG, formerly known as the Texas Pacific Group, is making a push into real estate using its latest private equity funds – TPG Partners V and the gargantuan TPG Partners VI, which raised $18.8 billion in 2008.
1 min read · 24 January 2013
Trustees for the mortgage bond holders insist the mezzanine debt players have to repay the $3bn senior loan before being allowed to foreclose on the 80-acre multifamily complex in Manhattan.
3 min read · 24 January 2013
The New York-based real estate firm has taken over the Makena Beach and Golf Resort in a joint venture with Trinity Investments and Stanford Carr, after senior lenders foreclosed on the 1,800-acre asset last year.
2 min read · 24 January 2013
The UK opportunity fund manager sponsored by Schroder Property, has struck up a joint venture with the major pension fund and investor, British Airways, to buy an office investment in central London
1 min read · 24 January 2013
Michael Clarke, who was at Schroder Property for 18 years, has set up an advisory firm. Meanwhile, Jenny Buck, global head of Schroders’ property multi-manager business has also left the company
1 min read · 24 January 2013
Real estate funds currently in market have secured just 10 percent of their targeted capital commitments as LPs sense there’s no penalty in waiting to invest.
3 min read · 24 January 2013
IR veteran Maryfrances Metrick will join the Blackstone spinout in October amid fundraising for the firm’s second fund, targeting $3.75bn.
1 min read · 24 January 2013
PREI was one of four real estate firms seeking to raise $1.3bn from Mexican pensions via the country’s stock exchange.
2 min read · 24 January 2013
The Washington State Investment Board’s private equity team will seek to replace Brian Roberts, who is leaving the pension fund next week.
1 min read · 24 January 2013
