The National Pension Service is planning to buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners.
2 min read · 24 January 2013
The New York private equity firm led by Leon Black has hired former Colony Capital head of Asia Pacific, Grant Kelley, as it seeks to raise its first fund in the region
2 min read · 24 January 2013
The West coast debt shop has hired ex-Ramius executive Raphael Fishbach to lead the operation.
2 min read · 24 January 2013
Giving evidence to the US Senate Banking Committee, ex-Fed Reserve chairman Paul Volcker tells banks to choose between being bank holding companies and housing private equity and private equity real estate platforms.
2 min read · 24 January 2013
The real estate arm of Goldman Sachs has pulled out of a planned $1bn development of New York City’s west side rail yards, leaving developer Related to fly solo. Related remains 'committed' to the project.
2 min read · 24 January 2013
Three investment experts share their views on the role of modern portfolio theory in real estate allocation policies – and the limits that weak data impose on attempting to treat real estate like just another asset class. PERE magazine, February 2010 issue
4 min read · 24 January 2013
The Boston-based firm has held a final close on its latest vehicle, which was originally targeting $6bn.
2 min read · 24 January 2013
Proposed EU regulations covering the private equity industry have received more 1,000 demands for amendments by MEPs.
2 min read · 24 January 2013
Roughly 60 commingled property vehicles closed on commitments last year, raising $30.4bn – a 66% reduction from the peak of 2007. More than a third of all funds closed were targeting Europe.
2 min read · 24 January 2013
Last year, in one of the toughest fundraising environments ever, GPs raised only $30bn in capital. 2010 could be just as difficult – especially if more investors opt out of the commingled fund model.
2 min read · 24 January 2013
