Former Blackstone partner and Saul Steinberg protegee Henry Silverman will become the firm’s first chief operating officer. In 2007, he sold the reportedly now insolvent real estate company Realogy to Apollo for $8.5bn.
1 min read · 21 January 2013
David Glickman has joined Pension Consulting Alliance as managing director to help growth the firm’s real estate operations.
1 min read · 21 January 2013
The US private equity firm is having to discuss its predicament with bondholders of a securitised loan backed by an office in London that Carlyle acquired in 2006.
1 min read · 21 January 2013
Hemal Mirani, who recently resigned from HarbourVest's Asian subsidiary, will bolster CVC Asia Pacfic's investor relations.
2 min read · 21 January 2013
The private equity veteran will not apply the standard ‘2-and-20’ fee structure on its infrastructure fund, which is targeting $4bn.
2 min read · 21 January 2013
David Edwards, head of research for LaSalle Investment Management in Asia, is to take charge of the firm’s open-ended Asia Property Fund. Kenneth Tsang takes over Edwards’ former role.
1 min read · 21 January 2013
General partners attending this year's PERE Forum in Hong Kong were today warned that despite the inability of many US pension funds to commit equity this year, they expect communication from GPs throughout the year. Those who listen to the advice will be well positioned to take advantage when their equity doors open again in 2010.
1 min read · 21 January 2013
Shake-up as Morgan Stanley’s New York-based global head of real estate investments is placed on ‘administrative leave’ with no date to return to his post. Owen Thomas, head of Morgan Stanley Asia, has taken over the role in the meantime, according to reports.
2 min read · 21 January 2013
Two and twenty? KKR is moving to 1 and 10 for its new infrastructure fund, reveals David Snow.
2 min read · 21 January 2013
European arm of US logistics giant ProLogis has now sold its remaining one-third stake in ProLogis European Properties Fund II to a handful of outside investors in a bid to reduce debt.
2 min read · 21 January 2013