The only European real estate fund ING has launched this year, its €750m shopping centre vehicle, should hold a first close in the next three months, PERE learned at this year’s EXPO Real conference in Munich.
2 min read · 24 January 2013
First Property Group, the AiM-listed property fund management firm, announced today it has launched an opportunity fund to invest in commercial real estate with a particular focus on Poland.
2 min read · 24 January 2013
Morgan Stanley Real Estate Investing has teamed up with German retail real estate investment and development firm Redos Real Estate to ‘invest several hundred million Euros’ in retail properties in Germany. The partnership, MSREI’s second struck this year in Europe, has started with the €150 million purchase of a 23-asset strong portfolio.
2 min read · 24 January 2013
New York-based alternative assets management firm Fortress is to open an office in Singapore. The office will initially host its Asia-specific macro-trading activities to be led by Adam Levinson, reportedly one of Wall Street’s top earners.
2 min read · 24 January 2013
Switzerland is home to some of private equity’s most important LPs. PEI tapped into the investor community to ask what the industry will look like in the future.
4 min read · 24 January 2013
As musician and campaigner Bob Geldof launches a $1bn private equity fund, his long-time ally in philanthropy, Bono, is learning that limited partners demand results.
3 min read · 24 January 2013
Plans for Europe’s first Christian theme park have been announced, but will it be a godsend for Blackstone? PERE Magazine October 2010 issue.
1 min read · 24 January 2013
Private equity firms are doing more in Europe than simply looking to buy loan portfolios from financial institutions – they want to buy whole banks. By Robin Marriott.
3 min read · 24 January 2013
New Mexico’s $14bn oil and gas endowment, a long-time investor in private equity, hasn’t made a commitment since early 2009. SIC wants to commit to six funds over the next 12 months.
2 min read · 24 January 2013
In the build–up to the Marathon of Marathons on 31 Oct, we talk to some of those taking part. Here, Bjorn Tremmerie, a principal at the European Investment Fund, reveals his injury setback, talks of his determination to achieve a top-quartile finish – and reaches for a tulip bulb analogy
5 min read · 24 January 2013