Thomas Barrack reportedly admits the timing of the US casino operator’s $5.4bn take-private in November 2007 was poor, telling Bloomberg Markets the firm was now focused on smaller, unconventional deals.
3 min read · 24 January 2013
The 'Volcker Rule's' impact on private equity may not be felt until 2022, and its main effect could be to reduce banks' co-investment in alternative vehicles.
3 min read · 24 January 2013
Morgan Stanley’s global fund of funds chief operation officer Paul Vosper, joins the asset management and research firm as it looks to raise an opportunistic real estate fund later this year
1 min read · 24 January 2013
As the US Congress prepares for a final vote this week on plans to limit banks involvement with private equity real estate funds, industry professionals admit the regulations are unlikely to come into effect for more than a decade – but could significantly lower bank co-investment in alternative vehicles when they do.
4 min read · 24 January 2013
Lawmakers agreed to require private equity and private equity real estate firms to register with the SEC, while the 'Volcker rule' was softened to allow limited holdings in private equity real estate assets. A formal vote is expected next week.
2 min read · 24 January 2013
Just as the eagerly anticipated World Cup in South Africa has been labelled something of an anticlimax, so has the eagerly anticipated wave of real estate debt supposedly emanating from the banks.
3 min read · 24 January 2013
The US firm has won a commitment from Dutch pension fund asset manager, APG, which hasn’t invested in a private equity real estate fund in Europe for nearly three years
1 min read · 24 January 2013
The Paris-based firm has launched a new US distribution platform and appointed Elizabeth Behnke as head of US sales.
2 min read · 24 January 2013
Jay Mantz, president and chief investment officer of Morgan Stanley Real Estate Investing, told the PERE Forum: Europe that he expected the US to offer the best out-performance opportunities while Europe offers little by way of growth.
2 min read · 24 January 2013
CBRE beefs up its multi-manager business by hiring the former global portfolio manager of ING Real Estate Select in London
2 min read · 24 January 2013
