The European private equity real estate firm Orion Capital Managers has recruited Roberto Roca as investment director to run its Iberia business.
1 min read · 21 January 2013
The US' Financial Accounting Standards Board has released a list of seven indicators of inactive markets, and given firms the green light to use their own valuation methodologies when quoted prices are unreliable.
2 min read · 21 January 2013
Goldman Sachs’ sixth buyout fund is poised to increase its stake in Universal Studios Japan. The tender offer it will launch Monday, if successful, would be one of the largest private equity deals agreed in Japan in more than a year.
2 min read · 21 January 2013
More than $800bn of commercial and multifamily mortgages are set to mature between 2009 and 2011, with $250bn this year alone.
2 min read · 21 January 2013
Will the US' Term Asset-Backed Securities Loan Facility be the kickstart the commercial real estate industry hopes it to be?
2 min read · 21 January 2013
David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from private equity and hedge funds including Carlyle, Riverstone, Aldus, Falconhead, Odyssey, Access Capital, GKM Newport, Paladin Capital Group, Pequot and PCG.
4 min read · 21 January 2013
Bank of America has made 14-year Merrill Lynch veteran James Forbes the head of its real estate and private equity business.
2 min read · 21 January 2013
The fund management business owned by property services firm Savills, appoints industry veteran Peter Johnson from UK house builder Taylor Wimpey as it looks to bolster its business. It is the second senior management change at the firm in less than a month.
1 min read · 21 January 2013
Peter Moon will retire next year from the University Superannuation Scheme, one of the UK's main cornerstone limited partners in private equity, infrastructure and real estate funds.
2 min read · 21 January 2013
Canada Land Limited, the Hong Kong-based development company, has launched CDL China Real Estate Opportunity Fund to target distressed residential assets in greater China. It plans to liquidate part of the fund through an IPO if the Chinese economy improves.
2 min read · 21 January 2013