A pilot scheme would allow the conversion of up to 50% of an RMB fund from foreign currency, removing a huge hurdle facing foreign investors seeking access to China's private equity market.
3 min read · 24 January 2013
The Chinese government has prohibited real estate development by state-owned business for which real estate is not their core business. The move was welcomed by the private equity real estate sector.
2 min read · 24 January 2013
David Schaefer, the former head of Asia Pacific at Citi Property Investors, has been appointed to lead property services firm DTZ’s investment management charge in Asia.
2 min read · 24 January 2013
PERE can reveal CIO Mark Fogle and head of acquisitions Brian Chinappi are both to leave the firm. Fogle is believed to be starting his own platform while Chinappi has joined Asia bank Standard Chartered.
1 min read · 24 January 2013
A debate by ministers over stringent regulations for EU fund managers was temporarily cancelled following interventions by the UK Prime Minister Gordon Brown.
4 min read · 24 January 2013
The financial advisory and principal investment firm gained RMB fund approval under the Shanghai Pudong initiative and aims to 'promote and expand' China's investment relationship with Latin America.
2 min read · 24 January 2013
EVCA, the US Treasury Secretary, ILPA and EMPEA have all recently voiced concern about measures in the AIFM that would block the free flow of capital. Nicholas Sarkozy and Gordon Brown reportedly planned to discuss the issue Friday.
4 min read · 24 January 2013
Speakers and delegates at this week’s EVCA Investor Forum voiced concerns about potential protectionist measures in the European directive.
2 min read · 24 January 2013
The London-based asset manager is planning to invest in shares of REITs and commercial property companies in Asian markets, with Citibank China appointed to distribute the funds
1 min read · 24 January 2013
Hong Kong-based Gaw Capital Partners has raised approximately $200m for Gateway China Real Estate Fund III – its third vehicle. The fund has an overall equity target of $500m.
1 min read · 24 January 2013
