Michael McNamara will lead the Philadelphia-based firm’s acquisitions and dispositions group, after Trecap took over Capmark Investments’ real estate funds business.
2 min read · 24 January 2013
Morgan Stanley Alternative Investment Partners raised $370 million for its latest secondaries vehicle – Morgan Stanley AIP Phoenix Global Real Estate Secondaries – 30 percent more than its original target. Joseph Stecher, head and chief investment officer of AIP real estate fund of funds, talks about the fundraise, the fund’s strategy and the “enduring” focus on NAVs.
3 min read · 24 January 2013
Heikki Westerlund, Capman CEO since 2005, will next month make way for Lennart Simonsen, a former M&A lawyer.
2 min read · 24 January 2013
The ILPA roundtable between private equity GPs and LPs had more ‘agreement than disagreement’, according to Joseph Dear, CalPERS' CIO. The summit examined the 'challenges and opportunities' facing the industry.
2 min read · 24 January 2013
Four days after his glider crashed into a lake near the Moroccan city of Rabat, the body of ADIA’s managing director, Sheikh Ahmed bin Zayed Al Nehayan, has been recovered. Reuters has reported a "succession plan" has been set and will be announced in the coming days.
2 min read · 24 January 2013
Nakheel, the real estate company owned by troubled Dubai real estate and ports conglomerate, Dubai World, has appointed a new board in a latest effort to restructure the business.
2 min read · 24 January 2013
The New York-based real estate firm is reportedly teaming up with F&C REIT to buy a Dublin shopping centre from Aviva Investors and Grosvenor. In February, AREA teamed up with PMB to buy a London office property for $52.9m.
2 min read · 24 January 2013
The ILPA roundtable between GPs and LPs Tuesday had more ‘agreement than disagreement’, according to Joseph Dear, CalPERS' CIO.
1 min read · 24 January 2013
Sheikh Ahmed bin Zayed Al Nahayan, managing director of the Abu Dhabi Investment Authority, has reportedly gone missing after a glider he was in crashed in Morocco on Friday.
2 min read · 24 January 2013
The former global head of Morgan Stanley Real Estate Investing is joining forces with John Carrafiell and Fred Schmidt to create their own merchant banking real estate platform.
2 min read · 24 January 2013
