Originally targeting $1bn, the founders of Alterna Capital Partners decided to close the fund and begin investing because they saw ‘the best environment we’ve seen in our entire career’ for investing in long-lived assets such as rail, ships and power plants.
2 min read · 21 January 2013
Sir John Beckwith, who developed a number of investment management businesses including Europa Capital Partners, has launched the Alpha Rockmount UK Real Estate fund, as it seeks “quality” assets in across the country.
1 min read · 21 January 2013
The $126bn pension has created a new allocation to house its investments in the US Public Private Investment Programme.
2 min read · 21 January 2013
Is it time for private equity real estate firms operating in the UK to go on the PR offensive, asks Robin Marriott.
3 min read · 21 January 2013
The Chicago-based firm has bought a nine-property portfolio, totalling 536,000-sq-ft of space. No financial details were disclosed but the deal was originally marketed for $71m.
1 min read · 21 January 2013
Sweden is introducing changes to a proposed EU directive that, if passed, would curb compensation for hedge fund and private equity managers by up to 60 percent in some cases.
2 min read · 21 January 2013
Sentinel Capital Funding will provide financing for US developers. Oaktree has partnered with Integral Communities principals Eugene Rosenfeld and Craig Manchester.
1 min read · 21 January 2013
The firm has joined forces with US homebuilder Hovnanian to buy and develop for-sale homes in Chicago and Palm Beach County. GoldenTree invested 80% of the all-equity deal, no financial details were disclosed.
1 min read · 21 January 2013
The Los Angeles-based real estate investment company has partnered with NDC and a California asset management firm to buy two multifamily properties in Austin and Houston through foreclosure and special servicing. The firm achieved discounts of up to 40%.
2 min read · 21 January 2013
Treating placement agents as lobbyists under California law would impose the proper limitations on the practice, CalPERS’ president Rob Feckner wrote in a letter to the pension’s board.
3 min read · 21 January 2013
