MGPA has sourced a debut deal on behalf of its tie-up with CNL Financial Group in what it expects to be the first of many transactions for the Orlando-based private REIT manager.
3 min read · 17 January 2013
The fund management arm of the London-based real estate firm has appointed William Donohue as part of its efforts to expand operations in North America. In addition, the firm has named Robert Kilroy managing director and head of separate accounts.
2 min read · 17 January 2013
The Los Angeles-based investment management firm has purchased the mezzanine debt on a 26-property portfolio valued at $337 million and taken control of the assets via deed-in-lieu of foreclosure.
2 min read · 17 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 17 January 2013
The Sydney-based bank is one of at least three firms vying to buy the businesses of DBAM, which include RREEF Real Estate and RREEF Infrastructure. Second round bids are due next week.
2 min read · 17 January 2013
Barden Gale, chief executive officer of JER Partners, resigned from the firm at the end of December, leaving senior directors in charge. PERE Magazine, February 2012 issue
2 min read · 17 January 2013
After seeing initial success with the pilot edition of its real estate emerging manager programme, the $110 billion pension plan is now seeking participants for the $500 million effort.
2 min read · 17 January 2013
Programmes to foster the development of emerging real estate managers are sprouting up at a select group of US pension plans, underlining the importance of nurturing the industry’s next generation. PERE Magazine, February 2012 issue
4 min read · 17 January 2013
Secondaries deal volume hit historic levels last year and is widely expected to keep the pace in 2011, thanks in part to the strong performance of real estate-related funds.
3 min read · 17 January 2013
In a follow-up to its 2007 debut Asia real estate vehicle, the German fund manager is now in the market with two new Asia-focused funds targeting investments in East and Southeast Asia.
2 min read · 17 January 2013
