The $5.95 billion county pension has invested in its last distressed real estate fund for the current fiscal year, committing $25 million to John Paulson’s second real estate offering.
2 min read · 07 October 2013
The placement agent has hired six professionals, including partner Kirk Rostron, bringing its staff count to 32 across nine offices globally.
2 min read · 07 October 2013
The Asia-focused firm has raised between $200 million and $300 million for its maiden real estate fund, and is in talks to increase the fund’s target size.
2 min read · 07 October 2013
In order to reach its 12 percent target real estate allocation, the Ohio pension plan may commit up to $110 million more through its tactical portfolio by the end of 2013.
2 min read · 07 October 2013
The hotel operator’s $1.25 billion IPO would pave the way for the New York-based private equity and real estate firm to eventually exit its single largest investment, which was made primarily on behalf of BREP VI.
3 min read · 07 October 2013
The Washington D.C.-based firm has bolstered its real estate team by creating a new role for Adam Metz, the former senior advisor to TPG’s real estate group.
2 min read · 07 October 2013
The Hong Kong-based firm is expected hold a final close for the Asia-focused investment vehicle on $600 million sometime in the next two months.
2 min read · 07 October 2013
In order to expand its real estate holdings outside of France, La Française, a $50 billion affiliate of Crédit Mutuel Nord Europe, has entered into a partnership to acquire a 24.9 percent stake in Forum Partners and commit more than $600 million of capital across Forum’s strategies.
3 min read · 07 October 2013
International Housing Solutions has received two initial commitments totaling $63 million for its second South Africa-focused residential fund.
2 min read · 07 October 2013
The world’s largest sovereign wealth fund has purchased a 45 percent interest in the NYC building from Boston Properties for $684 million.
2 min read · 07 October 2013