Horatio Sparkes, who oversees the investment of five New York City pension funds, including a nascent private equity programme, has submitted his resignation to city comptroller William Thompson.
1 min read · 23 January 2013
San Francisco-based Belveron Real Estate Partners will target interests in funds, single asset partnerships and mezzanine debt positions.
2 min read · 23 January 2013
The move comes on the heels of departures of key executives from the La Jolla, California-based Pacific Corporate Group, which advises the pension system.
1 min read · 23 January 2013
The partnership will allow the Texas-based real estate investor, which made its first buy outside the US earlier this year, to ramp up its European presence, and represents a move toward a more opportunistic real estate strategy for Hamburg-based HCI.
2 min read · 23 January 2013
Italian real estate firm Pirelli RE is teaming up with the property funds at Morgan Stanley and Deutsche Bank in its €462m German residential and retail deal.
2 min read · 23 January 2013
The Germany-based private equity firm began fund raising nine months ago with an initial target of €150m to be invested in underperforming property assets.
1 min read · 23 January 2013
The private equity real estate firm run by BET founder Robert L. Johnson has sold four hospitality properties in California less than two years after it acquired them.
2 min read · 23 January 2013
The partnership between NRDC and Apollo has also hired Christina Johnson, the former chief executive of Saks Fifth Avenue, in the latest example of top retail talent making the jump to private equity.
2 min read · 23 January 2013
The founder of Apax Partners is courting investors for a new alternative asset management business, Portland Capital, reportedly in partnership with Lord Rothschild.
1 min read · 23 January 2013
The partnership between the second largest pension fund in the US and the New York real estate mogul has bought a Midtown office tower for $400m.
1 min read · 23 January 2013
