Several institutions have carved out – or considered creating – space for private equity for the first time, countering a retreat by struggling LPs with more experience in the asset class.
2 min read · 24 January 2013
Norway’s $300 billion government pension fund, formerly known as the Petroleum Fund, is close to concluding the hunt for a real estate head. Fund refuses to say whether real estate project head Paul Golding is in the running.
2 min read · 24 January 2013
Nine out of 10 fund managers expect that? opportunities to acquire US distressed real estate will increase or increase significantly at the end of 2010, making it a ‘set up’ year to prepare for 2011.
3 min read · 24 January 2013
The Wes Edens-led firm is approaching LPs in a 2007 $1.2bn co-investment fund for money to pay down debt in the portfolio.
1 min read · 24 January 2013
The Dutch fund manager has transferred around 70 property fund interests of its main client into a new €4bn vehicle. It intends to sell small stakes in those interests to other pension fund clients. By Robin Marriott and Zoe Hughes.
2 min read · 24 January 2013
GE Capital Real Estate has appointed Francois Trausch as CEO, Asia Pacific. Trausch was previously head of GE Capital’s Western European real estate platform.
1 min read · 24 January 2013
Ireland’s “bad bank” started buying up troubled property loans from lenders this week, but opportunity funds shouldn’t expect a fire-sale anytime soon.
3 min read · 24 January 2013
Raising a private equity fund in 2010 is not a task for the fainthearted – long gone are the days when GPs could easily double fund sizes and rely on re-ups. With colour-coded references to the Capital Pursuit! board game in April’s issue, PEI examines a selection of the complex issues one must navigate in today’s global fundraising market.
10 min read · 24 January 2013
Entities around the world rail against ‘third-party’ measures in the Directive.
3 min read · 24 January 2013
New Canterbury-based alternative investment and asset management business sets large capital raising targets for investment programmes in real estate, private equity and infrastructure.
2 min read · 24 January 2013
