The New York-based private equity giant has purchased a 3.5 million-square-foot portfolio from Prologis on behalf of BREP VII.
1 min read · 17 January 2013
Former Morgan Stanley and Carrefour Property professional Pascal Duhamel has joined the Abu Dhabi Investment Authority to lead European investments. Customary for ADIA professionals, he will be based in Abu Dhabi.
2 min read · 17 January 2013
Nigel Doughty, the co-chairman and co-founder of UK-based private equity firm Doughty Hanson, has passed away unexpectedly at the age of 54.
2 min read · 17 January 2013
New York's Apollo Global Real Estate Management has struck up a venture with Canada’s Ivanhoé Cambridge and prime central London residential property company Residential Land.
2 min read · 17 January 2013
MGPA has sourced a debut deal on behalf of its tie-up with CNL Financial Group in what it expects to be the first of many transactions for the Orlando-based private REIT manager.
3 min read · 17 January 2013
The Los Angeles-based investment management firm has purchased the mezzanine debt on a 26-property portfolio valued at $337 million and taken control of the assets via deed-in-lieu of foreclosure.
2 min read · 17 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 17 January 2013
The Stockholm-based firm reveals details of its first investment for the East Capital Baltic Property Fund II, which has a €10m commitment from listed parent company, East Capital Explorer.
2 min read · 17 January 2013
The resignation of MGPA’s global chief investment officer has led to a series of senior management movements within the Europe and Asia-focused private equity real estate firm.
3 min read · 17 January 2013
Mark Roberts, RREEF Real Estate's global head of research, and Simon Durkin, the firm's head of European research, met PERE in London to discuss the firm’s paper, The Case for European Opportunistic Investing.
6 min read · 17 January 2013