The San Francisco-based firm has purchased a $25 million commitment to Buchanan Street Partners' fifth fund, the $400 million Buchanan Fund V, in its first secondary acquisition since the start of the global financial crisis.
2 min read · 18 January 2013
The Garden State's investment division has resolved to commit to the Greenwich, Connecticut-based private equity real estate firm's US opportunistic fund.
2 min read · 18 January 2013
Rob Wesselo, managing partner of International Housing Solutions (IHS) is forecasting the imminent birth of the listed rental housing sector in South Africa giving his firm a wider pool of exit options for its debut fund and incoming successor fund.
5 min read · 18 January 2013
The proposed Volcker rule that moved forward this week leaves more questions than answers. Regardless, it could mean the end of bank-sponsored private equity real estate platforms as we know them.
4 min read · 18 January 2013
Aviva’s head of real estate client relations for North America will leave at the end of the year.
1 min read · 18 January 2013
After ending their initial $1.12 billion deal to acquire 64 properties owned by the bankrupt hotelier, the New York-based private equity firm and Florida-based hotel REIT have reached a new tentative agreement to buy the business at a reduced price of $1 billion.
1 min read · 18 January 2013
Stephen Smith has left the Chicago-based real estate investment firm just ahead of a final closing on its second opportunistic retail fund.
2 min read · 18 January 2013
In addition to hiring Rennyson Merritt as a partner in Boston, the Merrill Lynch private placement spinout has added six other professionals to its team recently.
1 min read · 18 January 2013
The former co-head of McKinsey's North America asset management practice has replaced Charles Lowrey as leader of the Prudential’s investment management subsidiary.
1 min read · 18 January 2013
JER Partners has entered into an agreement for LaSalle Investment Management to advise and manage the 13 investments in its European portfolio, the two parties confirmed today.
2 min read · 18 January 2013
