The placement agent, co-founded by AVP executives Vicky Schiff and Peter Borges, paid ‘consulting’ fees to the firm run by Henry Morris. Morris is now under investigation as part of the growing kick-back scandal involving the New York State Common Retirement Fund.
2 min read · 21 January 2013
The European Association for Investors in Non-Listed Real Estate Vehicles, has made three new appointments to its management board, as one of the existing founders, Morgan Stanley’s Jan-Willem de Geus, relocates to Singapore.
1 min read · 21 January 2013
The INREV forum ended today in Athens telling GPs they face some uncomfortable choices.
3 min read · 21 January 2013
Daniel Cummings, formerly of The Carlyle Group and LaSalle Investment Management, will reportedly take over as managing director of real estate investment for Harvard University’s endowment. The position has been vacant since 2007.
2 min read · 21 January 2013
Citi Property Investors, which is headquartered in New York, has promoted its India head, Ravi Hansoty, to lead its Asian platform on an interim basis. According to those close to the matter, Hansoty is expected to land the position full time by the end of the year.
1 min read · 21 January 2013
The World Bank’s private investment arm aims to structure a public private partnership, which will modernise and upgrade the Prince Mohammed bin Abdulaziz International Airport.
1 min read · 21 January 2013
Chen Fan has left the bank's private equity arm to ‘pursue his own interests', Fan had been involved in the bank's investments in Chinese property developers Sino Ocean Real Estate Development, Shimao Property Holdings and Greentown China Holdings.
1 min read · 21 January 2013
Leon Bressler, managing partner of New York-based Perella Weinberg Partner’s real estate investment management business, tells delegates at the annual conference hosted by The European Association for Investors in Non-Listed Real Estate Funds (INREV) that his firm sees opportunities across all sectors and in different countries in Europe.
2 min read · 21 January 2013
The bank, which is currently assisting with fundraising for groups including MBK Partners, Alinda Capital and Citadel, has decided to wind down its private equity fund placement arm by year end. Two of its executives have already been hired by Credit Suisse as part of its asset management division's global expansion.
2 min read · 21 January 2013
Chetan Dave will take on the mantle of senior advisor at the Mumbai-based joint venture between Sun and AREA Property Partners. Managing director Prakash Kalothia will take his place.
1 min read · 21 January 2013
