As Hong Kong-based private equity real estate firm Harvest Capital prepares to announce the names of the investment committee of its latest China investment fund, capital raising head George Agethen tells PERE why at least 50% of the committee should come from outside the business.
3 min read · 24 January 2013
US financial services firm State Street Corporation has been selected by Norges Bank to provide fund administration services for the real estate programme of the Norwegian Government's Pension Fund
1 min read · 24 January 2013
Investors have been asking selected fund managers to launch real estate funds, according to Ernst & Young’s Dean Hodcroft. He explained his experience at this month’s PERE UK Roundtable discussion.
2 min read · 24 January 2013
The Council of Ministers and the ECON Committee have approved versions of the directive, but crucial differences remain in regards to the ‘third country’ rules.
3 min read · 24 January 2013
The start-up real estate arm of the UK’s Arbuthnot Banking Group has opted for an open-ended vehicle having taken soundings from multi-managers and consultants
1 min read · 24 January 2013
The Council of Ministers and the ECON Committee have approved versions of the directive, but crucial differences remain in regards to the ‘third country’ rules. The latter group's version also includes a clause that could block LBOs.
3 min read · 24 January 2013
Another week, another crucial AIFM Directive vote delayed. Adding to GPs’ anxiety is the fact that the longer the process drags on, the more unfavourable amendments seem to be added to the bill, such as one apparently banning ‘asset-stripping’
2 min read · 24 January 2013
The New York-based private equity firm has teamed up with Germany’s Management fur Immobilien to buy the Ruhr-Park shopping centre in Bochum from Dusseldorf fund manager Westfonds for €300m.
1 min read · 24 January 2013
It’s still unclear whether carried interest would be affected by a proposal to raise the tax rate on capital gains from 'non-business assets' to 40%.
2 min read · 24 January 2013
It’s still unclear whether carried interest would be affected by a proposal to raise the tax rate on capital gains from “non-business assets” to 40%.
2 min read · 24 January 2013
