PERE’s Zoe Hughes witnessed the courtroom posturing, held in Room 248 of New York’s Supreme Court yesterday, that will determine who wins a landmark residential complex and iconic real estate investment disaster zone.
3 min read · 24 January 2013
The $134bn pension’s private equity portfolio has been weighed down in part by being ‘overweight’ to buyouts.
2 min read · 24 January 2013
San Francisco-based company hires ex-JER professionals Tim Brosnan and Martina Malone for its client relations team
1 min read · 24 January 2013
Justice Richard Lowe refused to make a ruling today on the legality of a mezzanine foreclosure of the 80-acre multifamily complex, as senior and junior lenders fought over who had the right to ‘drive the bus’.
3 min read · 24 January 2013
According to a joint study by industry specialist recruitment consultancy Sousou Partners and PERE magazine, pay packets for employees at private equity real estate firms are beginning to increase again, but are still a way off pre-credit crunch levels
2 min read · 24 January 2013
GPs face a host of challenges as they look ahead to 2011 and beyond – not least regulation from governments globally. In the US, regulations impacting GPs, including the Volcker Rule and required SEC registration, have been pushed through, while Europe’s Alternative Investment Fund Managers directive has stalled. PERE magazine Fund Administration supplement, September 2010
7 min read · 24 January 2013
Offshore LPs invested with China-based private equity managers are concerned at the conflict of interest between USD-denominated vehicles and their RMB-denominated counterparts. But what can be done? Jenny Blinch reports.
9 min read · 24 January 2013
The drama surrounding the relationship between CalPERS, Apollo and controversial placement agent Alfred Villalobos continues. Investment staff at the $206bn pension allegedly questioned the relationship as long ago as 2006.
3 min read · 24 January 2013
The China Investment Corporation launched a recruitment drive recently as it expands overseas, but only wants Chinese Communist Party members that are good at keeping secrets. PERE Magazine September 2010 issue
1 min read · 24 January 2013
Blackstone is piloting a new interactive LP portal that will allow investors to delve into the firm’s performance data across asset classes, geographies and sectors like never before. It will also allow LPs to import data from other GPs into the Blackstone system. PERE magazine Fund Administration supplement, September 2010
8 min read · 24 January 2013
