The real estate investment firm has appointed Scott Dwyer to develop its business in Central Europe, just as it is reportedly raising $750m for a follow-on China fund.
1 min read · 22 January 2013
While stressing it continues to honour capital calls, CalPERS has said it is not atypical for it to ask GPs to delay requests for funds. The pension has confirmed it sold more than $2bn in private equity holdings on the secondary market last year, including interests in Carlyle and Landmark funds.
2 min read · 22 January 2013
The International Private Equity and Venture Capital Valuation board has said GPs should be asked to comply with its mandate by investors. The committee chairman Herman Daems stressed the importance of transparency and fair comparison.
1 min read · 22 January 2013
Tim Pfister and Jay Fortin, project finance and M&A lawyers at Patton Boggs in New York, also believe the political climate for foreign investors is likely to improve as the US comes to grips with its massive infrastructure spending needs.
2 min read · 22 January 2013
The affiliate of the private equity real estate firm, Starwood Capital, has formed a $75m joint venture with Cold River Development to target the 23-counties of the Atlanta metro region. It comes just two days after the firm bought 2,500 residential home sites in Arizona, California and Florida.
1 min read · 22 January 2013
The buyout firm's latest hires include former Coke executive Ludo Bammens as director of European corporate affairs. Meanwhile, Sanjay Nayar, ex-CEO of Citi's Asian operations, will be based in the firm's Mumbai office, which is opening in January.
1 min read · 22 January 2013
Robert Bertram will step down from the C$108.5bn pension fund at the end of 2008, to be replaced by current senior VP Neil Petroff. Bertram led Ontario’s purchase in 2000 of the real estate operating company, Cadillac Fairview, which now evaluates all of OTPP's real estate investments.
1 min read · 22 January 2013
The founder of private real estate firm Thompson National Properties, Anthony Thompson, has fired his own letter off to Grubb & Ellis shareholders, after the group accused him launching a proxy contest. Thompson says he is 'dismayed' over the group's performance over the past nine months.
2 min read · 22 January 2013
The investment management firm has hired former Deutsche Bank director Fritz Thomas to help lead the firm’s businesses development and client coverage activities.
1 min read · 22 January 2013
New York-based alternative asset manager RREEF has formalised the consultancy role that David Brush has been playing since 'retiring' from the firm earlier this year.
1 min read · 22 January 2013
