A lack of industry reporting standards have resulted in LPs receiving a hugely divergent amount and type of information from each of their GPs. Is it time for some industry standards? PERE magazine's Fund Administration supplement September 2010
7 min read · 24 January 2013
GPs and private equity real estate fund administrators are under pressure from all sides with increased LP reporting requirements, greater regulation, higher taxes and even more complex deals. The challenges being faced today are part of the natural evolution of an institutional asset class. PERE magazine's Fund Administration supplement September 2010
10 min read · 24 January 2013
Placement agents that work with California’s public pension funds will be required to register as lobbyists, putting an end to fees based on the success of a fundraising. The bill was co-sponsored by CalPERS.
2 min read · 24 January 2013
The real estate equity investment arm of the US insurance group plans to invest $400m in low income housing tax credits in the next 12 to 18 months, amid plans to increase its allocation to the asset class from $2 billion to between $4 billion and $5 billion over the next two to three years.
2 min read · 24 January 2013
Despite trying to sell itself to third parties, the real estate investment arm of the Dutch insurance group has hired Bruno Cohen as CIO of its Paris office.
2 min read · 24 January 2013
US firm exits the majority of its investment in Belgium's Immobel, which it first made in June 2007
1 min read · 24 January 2013
TPG, formerly known as the Texas Pacific Group, is making a push into real estate using its latest private equity funds – TPG Partners V and the gargantuan TPG Partners VI, which raised $18.8 billion in 2008.
1 min read · 24 January 2013
Trustees for the mortgage bond holders insist the mezzanine debt players have to repay the $3bn senior loan before being allowed to foreclose on the 80-acre multifamily complex in Manhattan.
3 min read · 24 January 2013
Teaming up with developer Golub & Company, Praedium has bought Clover Creek from Intercontinental Real Estate and Olympic Investors for just shy of its 2004 valuation.
2 min read · 24 January 2013
KingSett and AIMCo, the consortium of Alberta pensions and endowments, acquire ING’s 50% stake in an industrial fund for $1.9bn – along with the fund’s management platform, ING Real Estate Canada.
2 min read · 24 January 2013