The Singapore-based firm has raised the first $300 million for its ARA Asia Dragon Fund II opportunity fund thanks largely to support from the Teacher Retirement System of Texas. A second $200m closing is expected by the end of next month.
2 min read · 18 January 2013
The London-based firm founded by Ric Lewis has garnered more than €300m for Curzon Capital Partners III as it nears its €500m target.
1 min read · 18 January 2013
The FDIC’s board voted unanimously to seek comments on the proposal through 13 January. The Federal Reserve also stated it would accept feedback by that date.
2 min read · 18 January 2013
Chris Brett has joined LaSalle Investment Management from parent company, Jones Lang LaSalle, in a newly created role of European head of strategic partnerships.
1 min read · 18 January 2013
Pramerica Real Estate Investors is to manage its first open-ended real estate fund in Asia after consolidating 11 assets previously held by its series of Asia retail funds.
2 min read · 18 January 2013
Two of the three owners of the troubled Denver-based apartment REIT are rumoured to be selling off their stakes in the platform.
2 min read · 18 January 2013
A survey by global law firm DLA Piper has revealed that private equity, foreign players and pension funds will be the most active investors in the commercial real estate market next year.
2 min read · 18 January 2013
A conversation with a German private equity real estate fund manager at the EXPO Real conference in Munich this week threw the spotlight on a deep-rooted reluctance by German lenders to allow large, discounted loan book sales to US private equity houses like in the mid-naughties.
4 min read · 18 January 2013
US special servicer owned by Lewis Ranieri’s company, Ranieri Partners, has acquired global real estate advisory firm, The Situs Companies.
2 min read · 18 January 2013
Opportunistic real estate funds have hit a total target of $76 billion, according to research by New York-based Clerestory Capital Partners.
2 min read · 18 January 2013
