Paris-based private equity real estate firm AEW Europe has poached a managing director from Australia’s Goodman Group to take charge of businesses including its separate accounts business and its Paris-based funds.
1 min read · 21 January 2013
This month saw two direct investments in the City of London by Middle Eastern investors better known for making third party investments into blind pool, discretionary funds. PERE spoke with the agent behind these deals about their wind change in investment priorities.
2 min read · 21 January 2013
China’s $200bn sovereign wealth fund is hiring globally for 33 positions across 13 departments, including real estate.
1 min read · 21 January 2013
Lim Siong Guan will take responsibility for the organisational development of GIC Real Estate, GIC Asset Management and GIC Special Investments. GIC has also appointed Tony Tan as chairman of GIC Real Estate.
2 min read · 21 January 2013
Cliff Hawkins is becoming UK chairman of UBS Global Asset Management’s real estate business following recent departures. Anthony Shayle has joined as managing director and head of the UK business having recently joined from AXA Real Estate Investment Managers.
2 min read · 21 January 2013
KPMG, which was appointed to liquidate the bulk of Lehman Brother’s non-Japan real estate assets, has completed the sale of seven out of nine loans and bonds issued by the collapsed bank.
1 min read · 21 January 2013
Investment firms with assets over a ‘modest threshold’ will need to register with the SEC, according to a proposal released last night by the White House. The plan comes a day after a Senate bill set $30m as the line above which all firms would need to register.
2 min read · 21 January 2013
One of the largest private equity real estate platforms in the world will become independent of its bankrupt parent company, PERE has learned. The spin-out will include Mark Walsh, instrumental in steering Lehman’s overall real estate strategy for more than 20 years.
2 min read · 21 January 2013
Terri Herubin has joined the New York-based placement agent as principal. Herubin was formerly head of acquisitions for the New York State Teachers’ Retirement System.
1 min read · 21 January 2013
Seven key takeaways from the PERE Forum Europe, convened in London this week.
3 min read · 21 January 2013