Praedium VIII Multifamily Value Fund, which is targeting $600 million in equity, represents the New York-based firm’s first fundraising endeavor since 2007.
2 min read · 07 October 2013
A report by the US Office of Financial Research (OFR), which was set up under the auspices of the 2010 Dodd-Frank Act, has fuelled talk of the $53 trillion asset management industry coming under greater regulatory control.
4 min read · 07 October 2013
The Canadian pension plan has purchased a stake in a Seoul office development, marking its first property investment in Korea. PERE Magazine October 2013 issue.
1 min read · 07 October 2013
The curtain has finally fallen on Winnington Capital’s involvement with a $1 billion Chinese development fund, despite a last-gasp attempt to buy it by rival manager PAG.
3 min read · 07 October 2013
French asset manager La Française AM says since early 2013, several major deals in France have suggested there is a ‘thawing’ of ‘risky’ assets in France.
3 min read · 07 October 2013
The real estate investment business of the German investment bank has brought on four new hires as it seeks to reinvigorate its operations in the US.
2 min read · 07 October 2013
With the approximately $300 million buyout of a Japanese storage company, M3 Capital Partners has brought its $3bn, 2005 vintage fund to about 70% invested.
2 min read · 07 October 2013
The Oregon Public Employees Retirement Fund has committed $300 million to Lone Star’s third real estate fund, continuing the pension system’s 18-year relationship with the fund manager.
2 min read · 07 October 2013
The largest US operator of student accommodation has teamed up with the principal investment area of Goldman Sachs to buy a portfolio of assets from a collapsed operator for more than £300m.
2 min read · 07 October 2013
The Los Angeles-based fund manager has formed its first joint venture in Peru on behalf of Paladin Realty Latin America Investors IV as it moves forward with plans to increase Peruvian investments over the next few years.
2 min read · 07 October 2013