Steven Hankin, ex-Sentient Jet chief executive and a former Starwood Hotels exec, has joined the Greenwich, Connecticut-based firm as managing director to oversee Starwood’s corporate portfolio.
1 min read · 24 January 2013
Apollo Global’s Joseph Azrack is set to return to CPI, however concerns over integrating the two platforms has proved a critical issue with LPs.
2 min read · 24 January 2013
Speakers and delegates at this week’s EVCA Investor Forum voiced concerns about potential protectionist measures in the European directive.
2 min read · 24 January 2013
A $325m loan secured against 575 Lexington Avenue has been handed over to Helios AMC as the Californian pension and partner, Silverstein Properties, tries to modify its debt and avoid default.
2 min read · 24 January 2013
The New York-based multifamily investment firm has appointed Edward Ratinoff as managing director as it looks to deploy more than $370m in dry powder.
1 min read · 24 January 2013
The UK’s PPF has sketched out a 20% allocation to alternatives, which will see the £3.9bn fund invest in private equity and infrastructure funds for the first time. It will retain exposure to real estate.
2 min read · 24 January 2013
ILPA and the US Treasury are the latest to speak out on the adverse effects proposed legislation would have on Europe's private equity market.
2 min read · 24 January 2013
Both the US Treasury and the Institutional Limited Partners Association have written to key Euro officials about their 'real concerns' of the impacts of proposed EU regulations on US and European fund managers.
2 min read · 24 January 2013
Below is the full text of the Institutional Limited Partners Association's letter to EU internal market commissioner Michel Barnier.
7 min read · 24 January 2013
David Loglisci, one of the central figures in a wide-ranging pension pay-to-play scandal, said he was instructed by 'senior officials' to only approve investment managers given the okay by political operative Hank Morris.
3 min read · 24 January 2013