In seeking to maximise the value of its portfolio, the estate of Lehman Brothers has made another investment in its legacy assets – this time through its partnership with Monday Properties
3 min read · 24 January 2013
The firm is expecting to raise another $275m for the fund by the end of the year and has also picked up a $1.1bn separate account for Korea’s National Pension Service, firm executives said during a conference call. A KKR executive today noted a ‘much improved fundraising environment’.
3 min read · 24 January 2013
A couple of key themes emerged at the recent PERE Forum in New York. Chief among them was a warning to those who just follow the herd.
2 min read · 24 January 2013
A new player in UK private equity real estate has emerged, as Wainbridge Capital reaches a first close of £50m for a value-added fund with equity mainly from wealthy Russians.
3 min read · 24 January 2013
After closing the $2.3bn acquisition of 11 California state offices in a joint venture with Hines, the Irvine, California-based firm is looking for more public-private opportunities.
2 min read · 24 January 2013
Partners Capital, the private investment office for private equity professionals, is opening an office in Hong Kong.
3 min read · 24 January 2013
Quadrangle’s Rattner speaks out about the pay-to-play scandal.
2 min read · 24 January 2013
Though it could potentially allow LPs access to China’s domestic private equity industry, LPs want to see the final details before celebrating.
4 min read · 24 January 2013
Bank of America Merrill Lynch’s agreement to a $650 million settlement with the LPs of its Asia real estate fund has caused the entire sector to sit up and take notice. PERE Magazine November 2010 issue.
9 min read · 24 January 2013
Chicago-based LaSalle has joined with the Canada Pension Plan Investment Board to buy a shopping centre for €157.3m from a liquidated German open-ended fund
1 min read · 24 January 2013
