Investor-friendly carried interest, fee, GP commitment, key man and transparency terms are promoted in a new set of ‘Private Equity Principles’ from the trade association for limited partners. Will real estate follow suit?
3 min read · 21 January 2013
The Australian institutional investment manager will now invest in asset classes including private equity, infrastructure and real estate through a ‘house of boutiques’ model.
1 min read · 21 January 2013
The US firm says hiring Rob Trevor as a principal reflects ‘increasing opportunities’ in the UK.
1 min read · 21 January 2013
Michael Ricciardi, Enrique Cuan and Alan Pardee will lead the 24-strong team for Mercury Capital, which will raise private equity, private equity real estate and infrastructure funds globally.
2 min read · 21 January 2013
The international private placement firm has joined the cacophony of calls from legitimate placement agents to alter a proposed rule providing a blanket ban on soliciting government entities.
3 min read · 21 January 2013
Just $16.2bn has been raised for real estate opportunity funds worldwide in H1 2009, according to Probitas Partners. Much of the negative investor sentiment falls at the door of “legacy real estate funds”, says partner Kelly DePonte.
2 min read · 21 January 2013
The Los Angeles-based firm reportedly said it was looking to merge Japan Rental Housing Investments with other J-REITs. Oaktree said the industry was ripe for “consolidation", according to media reports.
2 min read · 21 January 2013
The firm has hired four professionals from Deutsche Bank’s Asia-Pacific distressed products group.
2 min read · 21 January 2013
Florida's state pension board has totally written off its $250m investment in Tishman Speyer's Stuyvesant Town/Peter Cooper Village deal, joining California's massive teachers' pension, which wrote its $100m investment in the deal to zero.
2 min read · 21 January 2013
ING Real Estate Investment Management has bolstered its management platform in Australia with the appointment of Stockland executive Denis Hickey.
2 min read · 21 January 2013
