Confronting an increasingly overweighted private equity portfolio, CalPERS has made $700m in commitments to real estate funds and almost $1bn to four private equity funds.
2 min read · 22 January 2013
The US private equity firm is sticking with its core strategy of developing single assets in established markets by acquiring a site in the center of German city Dusseldorf.
1 min read · 22 January 2013
Such is the interest in some parts of the Middle East and North Africa that an investor has already offered Global Investment House a quick turn on its recent deal.
1 min read · 22 January 2013
The McLean, Virginia-based firm has swooped on GE veteran Karim Habra as well as Christopher Zeuner and Petr Kosar to boost activities in Central and Eastern Europe.
2 min read · 22 January 2013
Nils-Christian Haker is appointed chief operating officer of Atrium European Real Estate as its new investors, Citi Property Investors and Gazit-Globe, continue to restructure the Central and Eastern Europe shopping center company.
2 min read · 22 January 2013
Middle Eastern sovereign wealth investors have entered British football with The Abu Dhabi United Group for Development and Investment, headed by ‘the Donald Trump of Abu Dhabi’, agreeing to buy Manchester City FC.
1 min read · 22 January 2013
Zoning is changing in the US. Urban sprawl is making way for smarter, more dense, communities where people live where they work and play. But as private equity real estate firms understand only too well, it's an extremely slow process. By Zoe Hughes
10 min read · 22 January 2013
Goldman Sachs' Whitehall platform has become among the most dominant players in global property investment, raising billions and executing deals in an inimitable Goldman fashion. The firm is so opaque that even its own PPMs contain no fund-level performance data. Investors who sign on as limited partners gain access to the immense Whitehall footprint, but pay what many view to be a dizzying array of fees for the privilege. PERE goes inside an enviable franchise that its rivals have at times called ‘The Evil Empire.’ By Robin Marriott and Zoe Hughes
10 min read · 22 January 2013
The amount of chatter around private equity real estate firms raising debt funds has been hard to escape, but so far all of that talk hasn't been matched by a huge amount of actual money changing hands. As the banks remain hesitant to sell at rates which could deliver equity-like returns for the funds, many are starting to wonder whether there will really be the kind of opportunity in debt that boosters initially promised. By Dave Keating
10 min read · 22 January 2013
Kim Ho-Shik, the ousted former president of South Korea's $230bn National Pension Service, has joined the advisory board of the Singapore-based real estate investment firm.
4 min read · 22 January 2013
