With retailers in the West taking a beating, GPs are eyeing recession-resistant investments. The outlook is less bleak in the emerging markets. And distressed retail is in fashion for those with cash in their wallets. PERE Magazine December 2008/January 2009
8 min read · 21 January 2013
As some LPs actively seek to liquidate their real estate assets in the secondaries market, other more well capitalised limited partners are eyeing the sector as a potential investment opportunity. However with so much uncertainty in the market, the task of underwriting those positions is now much more daunting. PERE Magazine December 2008/January 2009 issue.
5 min read · 21 January 2013
The talk of the town has been the potential for LPs to default on capital calls. It may be just noise at the moment but it is raising questions about counterparty risk. For their part, LPs want greater transparency for their cash. PERE Magazine December 2008/January 2009
4 min read · 21 January 2013
From January 2009, Apollo Real Estate Advisors will be known as Area Property Partners. Senior partner Lee Neibart explains the change and where Area's focus will be in the future. PERE Magazine December 2008/January 2009 issue
6 min read · 21 January 2013
Luke MacKenzie has joined the London advisory firm at a time when demand is set to grow for property debt restructuring experts. PERE Magazine December 2008/January 2009 issue
2 min read · 21 January 2013
Gary Stevens is suing his former employer, Landmark Partners, for breach of contract amid allegations the firm failed to keep a promise over compensation. PERE magazine December 2008/January 2009 issue
3 min read · 21 January 2013
While most people cling to their jobs during an economic downturn, some private equity real estate players opt to do the opposite by spinning out from their existing firms. It has a lot to do with carry. PERE Magazine December 2008/January 2009 issue
3 min read · 21 January 2013
PERE Magazine December 2008/January 2009 issue
2 min read · 21 January 2013
Republican Ray LaHood, picked by US president-elect Barack Obama as transportation secretary, is described by those who know him as a 'main street conservative'. Obama's choice came as a surprise to some who were expecting a more high-profile candidates like Pennsylvania Governor Ed Rendell or Minnesota representative Jim Oberstar.
2 min read · 22 January 2013
The Pension Benefit Guaranty Corporation, which guarantees the pensions of about 44 million Americans, has hired gatekeepers as it prepares to allocate a portion of its $5.5bn in assets to private equity and real estate.
1 min read · 22 January 2013
