Why three former Morgan Stanley professionals have got backing from a listed investment firm and a hedge fund affiliate
4 min read · 24 January 2013
Winthrop Realty Trust and William Ackman’s hedge fund have launched mezzanine foreclosure proceedings against the landmark New York multifamily complex after acquiring three mezzanine tranches for 15 cents on the dollar.
2 min read · 24 January 2013
The private equity real estate division of investment bank Credit Suisse is in discussion with the management of its opportunity funds and its limited partners with a view to spinning out the business.
2 min read · 24 January 2013
Latin American and African funds have already exceeded 2009 fundraising totals.
1 min read · 24 January 2013
Mark Burton, the former real estate chief investment officer at the Abu Dhabi Investment Authority and the Abu Dhabi Investment Council (ADIC) has taken up an advisory role at the newly-established real estate advisory board at Norges Bank Investment Management, which manages the capital of Norway’s giant sovereign wealth fund.
2 min read · 24 January 2013
New York private equity firm Apollo Global Management is to make Roger Orf head of its European real estate business and give the veteran dealmaker an expanded global role as it nears completion of its takeover of Citi Property Investors.
2 min read · 24 January 2013
Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
2 min read · 24 January 2013
The firm, which anticipates closing Fund VI on $13.5bn, agreed to an 80/20 transaction fee split for Oregon with a slight increase in management fees – a deal it's offering all the fund's LPs.
2 min read · 24 January 2013
Tough fundraising conditions have forced the Texas-headquartered firm to revise its prior plan to raise a combined $20bn for Lone Star Real Estate Fund II and Lone Star Fund VII.
1 min read · 24 January 2013
The Blackstone Group and joint venture partner British Land have signed a deal with existing tenant Swiss bank UBS that ensures its continued presence at their Broadgate office complex
1 min read · 24 January 2013
