The subsidiary of New York-based real estate investor Vantage Properties has bought a 776-unit garden apartment block in New Jersey. It is Vantage Mid-Atlantic’s first deal and first JV with Angelo Gordon.
1 min read · 21 January 2013
The Chicago-based private equity real estate firm is reportedly considering launching a financing company in Brazil to provide capital to real estate developers and investors.
2 min read · 21 January 2013
The California Public Employees’ Retirement System and a JV partner have purchased a majority stake in a portfolio of shopping centers it sold four years ago. The deal indicates CalPERS propensity for core income yielding property.
2 min read · 21 January 2013
Shaun Mays replaces Mark Woodall at the helm of low carbon-focused private equity firm Climate Change Capital just as it begins raising a €500m vehicle. Prior to joining CCC in October 2008, he was the head of Deutsche Asset Management’s RREEF Infrastructure Investments.
1 min read · 21 January 2013
US legislators want regulators to determine if certain structures encourage undue risk taking at finanical firms with more than $1bn in assets.
3 min read · 21 January 2013
The McLean, Virginia-based firm is immediately closing its Latin America fund and operations.
2 min read · 21 January 2013
The pension's former real estate head, Michael Latimer, takes the CIO reins as OMERS prepares to manage third-party money as well as a multi-billion co-investment fund for institutional LPs.
2 min read · 21 January 2013
The Pension Benefit Guarantee Corporation (PBGC) has revoked lucrative private equity and real estate advisory contracts with BlackRock, Goldman Sachs and JPMorgan after concluding that the former head of the federal corporation may have acted inappropriately before and during the bidding process.
3 min read · 21 January 2013
Placement agents have formed a loose coalition in the US, as the SEC considers barring state pensions from interacting with them.
4 min read · 21 January 2013
Trilyn managing director Mark Antoncic has warned limited partners to band together and be assertive when trying to preserve their investments. In some cases, this could involve replacing the GP.
2 min read · 21 January 2013
