President Barack Obama has made his annual carried interest tax proposal as the industry has taken a public beating over allegations of asset-stripping, job cutting and all-consuming greed.
3 min read · 17 January 2013
The Hartford, Connecticut-based real estate investment management firm has promoted Charles Weeks to be its next chief executive officer for Europe, the firm announced.
2 min read · 17 January 2013
Rockwood Capital Real Estate Partners IX is seeking $750 million to target hotels, offices, residential and retail properties throughout the US that are underperforming or suitable for redevelopment or expansion.
2 min read · 17 January 2013
The $35 billion pension system has committed the exact amount for which the Greenwich, Connecticut-based firm is offering fee breaks on its latest fund, which recently held a first close on $1.2 billion.
1 min read · 17 January 2013
The New York-based real estate fund manager’s head of US opportunity funds has left after more than 18 years at the firm.
2 min read · 17 January 2013
The Palmyra Resort & Spa, an unfinished luxury hotel and condo complex in Jamaica, is being sold by the project’s lenders. Bids are due 28 March.
2 min read · 17 January 2013
The New York-based alternative asset manager’s year-end loss in its real estate business included a $15.4 million fourth-quarter net loss and contributed to the firm’s overall $300 million net loss for the year.
2 min read · 17 January 2013
The partners aim to buy large assets around the world, giving clients of Swiss-based Quantum Global access to the asset class.
2 min read · 17 January 2013
The firm has expanded its LP base from 275 to 400 in an effort to expand beyond its private equity roots, which includes real estate.
2 min read · 17 January 2013
The New York-based private equity giant has purchased a 3.5 million-square-foot portfolio from Prologis on behalf of BREP VII.
1 min read · 17 January 2013
