Asia’s association for unlisted real estate vehicles will adopt the “ready-made” framework used by INREV, which will help the sector be more transparent and become better governed, according to Nick Loup, chairman of ANREV and chief executive officer of Grosvenor.
2 min read · 21 January 2013
If carried interest is taxed as ordinary income in the US, as is proposed by a new bill in Congress, GPs will have to make Medicare contributions of 2.9 percent out of their carry.
2 min read · 21 January 2013
Hudson Advisors Europe, the European arm of the mortgage special servicing platform previously described as the “factory” of Dallas-based Lone Star, has added to its offices in Munich and Frankfurt with an office in London.
1 min read · 21 January 2013
The global head of ING’s multi-manager business is leaving at the end of the year
2 min read · 21 January 2013
The Dallas-based private equity firm has reportedly raised $1.2bn for its two new funds, including $500m for Lone Star Fund VII and $725m for Lone Star Real Estate Fund II.
1 min read · 21 January 2013
PCG Asset Management would run the programme, which would target original commitments of between $5m and $20m.
2 min read · 21 January 2013
The US House of Representatives will vote next week on legislation that would require private fund managers with assets over $150 million to register with the Securities and Exchange Commission. If approved the bill will then go on to the Senate.
2 min read · 21 January 2013
The separate account will target investments in funds with commitments of up to $1bn that focus on international markets.
2 min read · 21 January 2013
CDC and Norfund are among a group of LPs that want to ensure ‘the next generation of emerging market private equity funds are raised on terms that reflect the principles’.
2 min read · 21 January 2013
Ray Potter has joined the New York-based advisory firm as principal. Potter was previously managing director at Credit Suisse’s real estate finance group.
1 min read · 21 January 2013
