The New York-based private equity firm’s head of real estate is one of six executives being considered as a possible successor to current CEO Stephen Schwartzman.
2 min read · 17 January 2013
Rulemaking to lift the general solicitation and advertising ban in Regulation D has been delayed yet again. It’s unclear how long the delay will last – and that’s part of the problem.
3 min read · 17 January 2013
The New York-based firm has hired Park Hill Real Estate Group, the subsidiary placement agent of The Blackstone Group, to help raise its next generation European fund and a US value added vehicle.
2 min read · 17 January 2013
The $22.3 billion pension system plans to significantly boost the size of its real estate portfolio over the next two fiscal years, focusing primarily on non-core investments. Thereafter, however, it expects to pull back on additional investments to the asset class.
3 min read · 17 January 2013
Qatar Investment Authority-owned investment company Qatar Holding has purchased almost a quarter of the Hong Kong-based private equity and real estate firm further diluting the ownership by CITIC Holdings subsidiaries and sovereign wealth fund CIC.
2 min read · 17 January 2013
Skip Miller, who previously was responsible for alternative investments at the YMCA Retirement Fund, succeeds Marjorie Tsang, who most recently served as interim CIO and will remain with the $146.5 billion pension plan in a senior role.
2 min read · 17 January 2013
The Securities and Exchange Commission will now hear public opinion on general solicitation rules after receiving several letters urging it to avoid acting in haste over the JOBS Act.
2 min read · 17 January 2013
Financial Services Committee chairman Spencer Bachus is asking for stakeholders’ help in introducing legislation that will make the Volcker rule less 'burdensome'.
2 min read · 17 January 2013
The Zug-based private markets investment firm described in its latest research how it is placing its current real estate investing emphasis on investments in debt and secondaries, both direct and indirect, as it avoids a “herding mentality”.
2 min read · 17 January 2013
The Alternative Investment Funds Managers bill submitted to the Dutch parliament has introduced a 'lighter depository regime' for private equity and real estate funds.
2 min read · 17 January 2013
