Private equity firms would have to comply with tighter standards for capitalisation, hold periods and disclosure requirements if proposed rules from US banking regulator FDIC are approved.
2 min read · 21 January 2013
Invesco Real Estate has hired seven professionals to build its team in Europe including Simon Mallinson from IPD and Neil Harris from UK property firm Nelson Bakewell.
1 min read · 21 January 2013
The multifamily and healthcare lender and investment firm has bought the California-based origination shop Sierra Capital.
1 min read · 21 January 2013
Canyon Capital Realty Advisors has appointed Richard Holly as managing director. It is the firm’s third appointment in the past two months.
1 min read · 21 January 2013
The Sydney-based property company has formed a joint venture with Bank of Scotland lasting three years as part of efforts to put its financial future on a more secure footing.
2 min read · 21 January 2013
PERE magazine July/August 2009. Lone Star's Ellis Short is ploughing his millions into keeping English soccer club Sunderland in the Premier League
2 min read · 21 January 2013
Marcel Crommen, a former head of real estate investment banking in Germany at Deutsche Bank, has joined Alta Fides, a portfolio company of Swiss-based Corestate Capital.
1 min read · 21 January 2013
The $182bn pension, the largest in the US, will negotiate with private equity firms for fee reductions on all new commitments. The practice follows a policy the pension implemented in March to negotiate fee reductions with hedge funds.
2 min read · 21 January 2013
The duo have left the Los Angeles-based real estate investment firm. The placement agency they co-founded in 2001, Wetherly Capital, was mentioned in a legal complaint regarding the New York pay-to-play scandal. Wetherly has not been accused of any wrong-doing.
1 min read · 21 January 2013
Philip Levinson has been hired by the New York-based private equity and real estate firm, which is considering opening additional Asian offices. Levinson joins following spells at RREEF and LaSalle Investment Management.
1 min read · 21 January 2013