At the PERE New York Summit yesterday, the head of real assets at the New Mexico Educational Retirement Board faulted his fellow investors for failing to hold poorly performing managers more accountable for their mistakes.
3 min read · 25 October 2013
After a five-year absence, the Sam Zell-led private equity firm is re-entering the Latin American country with an entity-level investment in a local industrial developer.
2 min read · 22 October 2013
The Mexico City-based private equity real estate firm has collected about one-third of its $350 million equity target for its retail-focused vehicle, with two additional closings expected in the next three months.
3 min read · 22 October 2013
The US arm of the British property firm, led by the Duke of Westminster, has purchased an 11-property portfolio for $167.5 million, marking its first office acquisition in the market.
2 min read · 22 October 2013
The former head of real assets at Willett Advisors has rejoined his former employer in a new role, focused on expanding the investment platform of its Mexican affiliate MRP Group.
3 min read · 22 October 2013
After holding a first close in May, the first-time fund manager is approaching its equity target and is expected to hit its hard cap by January.
2 min read · 22 October 2013
The latest research in the property services firm’s Great Wall of Money series reveals that opportunistic funds currently are pulling in the greatest amounts of capital from investors.
2 min read · 22 October 2013
Just a year after closing its $500 million Japan Income Partners I joint venture fund, GLP has sold seven of its properties to its J-REIT for a 46 percent IRR.
2 min read · 07 October 2013
The Chicago-based real estate investment firm has completed the sale of a 43-property self-storage portfolio for approximately $315 million, making the transaction the largest of its kind to date.
2 min read · 07 October 2013
The State Loan and Investment Board has committed £82 million to M&G Real Estate Debt Fund III, its first investment in European real estate debt, thereby reaching its target non-core allocation.
2 min read · 07 October 2013