Poor investments, including a big stake in Hypo Real Estate, have played havoc with JC Flowers’ $7 billion Fund II.
2 min read · 17 January 2013
The Toronto-based asset manager has pulled the plug on an agreement to take over three luxury resort properties in the Bahamas and Mexico from Kerzner International after a Delaware judge granted a temporary restraining order to halt the transaction.
2 min read · 17 January 2013
Khalif Edwards has joined the New York-based real estate investment manager’s client capital management team in a senior role and will be responsible for capital raising and new product development in the US, particularly the West Coast.
2 min read · 17 January 2013
The Greenwich, Connecticut-based firm, led by Barry Sternlicht, is targeting between $2 billion and $3 billion for Starwood Distressed Opportunity Fund IX and is offering management fee breaks for the first time in its history.
2 min read · 17 January 2013
The New York-based investment firm has acquired 78 acres of land outside of Sao Paulo on behalf of a separate account client to develop an industrial warehouse property.
2 min read · 17 January 2013
Paladin will continue to make Latin America a major focus in 2012, but it also is planning to ramp up investments in the US multifamily market in the coming year.
4 min read · 18 January 2013
Some improbable events took place in 2011. In our final newsletter of the year, we take a completely unscientific approach to weighing up the probability of certain other significant developments happening in 2012.
3 min read · 18 January 2013
The $78.6 billion pension plan will invest in a new internally managed fund of funds that will target emerging real estate markets such as Turkey and sub-Saharan Africa.
2 min read · 18 January 2013
The Los Angeles-based real estate manager is targeting $400 million for its latest Latin America-focused real estate fund, with a first close expected by February.
2 min read · 18 January 2013
The latest group to spin out of HSBC will focus on private equity, mezzanine and real estate investments in the US and Latin America.
2 min read · 18 January 2013
