Brazil, India and China show increasing independence, while other emerging markets are still overly reliant on factors like export markets, Chip Kaye told delegates at the PEI Emerging Markets Forum in London.
2 min read · 21 January 2013
Quilvest, the Argentinean family office which made its money from the famous Quilmes beer brand, is taking its first steps into private equity real estate through the launch of a $250m fund of funds.
2 min read · 21 January 2013
The São Paulo-based firm raised more than half the capital since September 2008, targeting North American and European investors. The firm will focus on office and affordable housing developments in Brazil.
2 min read · 21 January 2013
The founder of private equity advisory firm Aldus Equity, Saul Meyer, has admitted to having knowingly engaged in pay-to-play corruption in New York and New Mexico.
3 min read · 21 January 2013
Despite Prudential Real Estate Investors' global heft, chief executive officer Allen Smith believes the firm is as nimble, and flexible, as any boutique operation. By Zoe Hughes
10 min read · 21 January 2013
Brazilian pension funds are to be able to commit up to 20 percent of their capital to asset classes including real estate and infrastructure. The change in regulation is part of a wider strategy to reduce exposure to fixed-income assets.
1 min read · 21 January 2013
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success without placement agents. Schwarzman was writing on behalf of the industry, not the Blackstone-affiliated Park Hill Group.
3 min read · 21 January 2013
The Dallas-based real estate investor has hired Realty Capital Partners CEO Donna Arp to help develop the firm’s institutional relationships as it raises Encore Opportunity Fund II.
2 min read · 21 January 2013
The struggling insurance giant has officially ended five decades of private equity investing, selling $89bn of assets for $500m. The deal doesn't include its private equity real estate funds, which are 'positioned' for a sale.
2 min read · 21 January 2013
Having already corralled $4 billion of equity commitments for a global opportunity investing consortium, the Toronto-based firm has swollen its kitty by a further $1bn as two more investors sign up.
2 min read · 21 January 2013
