The real estate fund manager has added veteran real estate investor Mark Burton to its investment committee as an external member. Burton spent the past decade as CIO of Abu Dhabi Investment Authority and the Abu Dhabi Investment Council.
2 min read · 24 January 2013
The Miami-based firm is targeting a first close in September for its $500m real estate vehicle, which is focused on distressed office properties in the southern half of the US. On Monday, Parmenter announced the acquisition of a distressed office tower outside of Dallas, the 10th investment for its third fund, which has roughly $600m in assets.
2 min read · 24 January 2013
Executives from Carlyle, APG, Doughty Hanson, Robeco and the EDF spoke to PEO about issues including how to interpret the 'S' in ESG.
1 min read · 24 January 2013
The $94bn pension fund has started webcasting its board meetings following a growing trend among US public pensions to have live feeds of its sessions.
3 min read · 24 January 2013
The private equity real estate firm run by Russell Platt is reportedly also taking on the Credit Suisse staff who manage the loans.
2 min read · 24 January 2013
Capital Dynamics' David Scaysbrook, speaking on the sidelines of the PEI Responsible Investment Forum in London, expects the quality of environmental, social and governance policies to become a core GP selection point.
1 min read · 24 January 2013
How to get the most benefit from public-private partnerships? It’s a question the whole of the US is wrestling with. In early June, Infrastructure Investor staged our annual Southeast Forum to find out how Florida, Georgia and Puerto Rico are becoming PPP pioneers.
7 min read · 24 January 2013
Tishman Speyer and SITQ have invested $700m of equity in a portfolio of 28 Washington DC office buildings in an effort to retire $600m of debt as well as fund working capital.
2 min read · 24 January 2013
Crescent Resources, the property developer and manager with land in the South East and South West US, has exited bankruptcy protection after wiping $1bn of debt from its balance sheet and securing $150m in exit financing.
2 min read · 24 January 2013
LNR Property will launch a $400m rights offering to recapitalise its business. The firm, the parent company of the largest special servicer in the US, LNR Partners, has engaged Goldman Sachs and Bank of America Merrill Lynch for a new $445m loan which, together with the rights offering, will refinance a $868m senior loan.
2 min read · 24 January 2013
