The creditors of the beleaguered Australian infrastructure specialist have formed a committee to assist the firm’s administrators.
1 min read · 21 January 2013
Washington D.C. based Carlyle Group promotes three people to managing director level within its Asia real estate team, but says the promotions are not part of a strategy to increase the pace of its investment programme on the continent.
2 min read · 21 January 2013
The London-based, pan-Europe fund manager has exited from all nine private Irish property syndicate funds it inherited as a result of the 2006 acquisition by its majority owner Savills of property services firm Hamilton Osbourne King. Cordea Savills is concentrating on its institutional clients and segregated accounts as it streamlines the business.
2 min read · 21 January 2013
The Abu Dhabi Investment House is reportedly planning to launch a private equity fund to acquire distressed assets.
1 min read · 21 January 2013
In a story dated 20 March, PERE reported that David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from various private equity and hedge funds, including a vehicle run by Paladin. The story should have read Paladin Capital Group.
4 min read · 21 January 2013
The Sacramento-focused firm has set in place a 5% management fee that is only payable on revenue earned by the partnership. The vehicle is focused on buying raw land and finished lots in Sacramento and Reno with the intention of “holding” the assets until property markets return.
2 min read · 21 January 2013
The Paris-based property manager AEW Europe has made its fifth purchase for its European Property Investors Special Opportunities fund, which raised €800m last year.
1 min read · 21 January 2013
Private funds and investors are essential to the US Treasury’s plan to rejuvenate credit markets with the purchase of banks’ real estate-related toxic assets.
3 min read · 21 January 2013
Morgan Stanley VP Insa von Jürgensonn has joined the fund management arm of global property services firm Jones Lang LaSalle as fund manager for the firm’s German funds also overseeing the firm’s Northern European assets.
1 min read · 21 January 2013
The London-based start-up, Internos Real Investors, has hired Richard Peskin, the recently-retired chairman of quoted property company Great Portland Estate. He joins the firm as a capital partner.
1 min read · 21 January 2013
