Crown Mortgage Management has been given extra ability to co-invest in performing and non performing loans alongside investors such as opportunity funds.
2 min read · 21 January 2013
There is plenty of demand for Asian secondaries – but where are the vendors?
3 min read · 21 January 2013
The SEC is proposing to create a new asset management enforcement unit, which could be good news for firms that have complained in the past about a lack of private equity expertise among auditors and investigators.
3 min read · 21 January 2013
The private equity and real estate investor has sold a Frankfurt data centre for $28m to data services firm Equinix. The technology centre was the final asset to be sold from a 25-building portfolio bought by GI in 2004. The firm made a 3.7x multiple on the deal.
1 min read · 21 January 2013
Gerald Parkes, who resigned as the head of Lehman Brothers private equity real estate business in Europe this summer, is reportedly teaming up with British property veteran, Sir John Beckwith.
1 min read · 21 January 2013
The Dallas-based real estate investor has hired Realty Capital Partners CEO Donna Arp to help develop the firm’s institutional relationships as it raises Encore Opportunity Fund II.
2 min read · 21 January 2013
Goldman Sachs is transfiguring its platform to seize complex opportunities. It won’t be long before it’s ready to take on the world (again). By Robin Marriott
3 min read · 21 January 2013
It’s a shame CalPERS may refuse to take a negative stance on the SEC’s proposed placement agent ban, writes Christopher Witkowsky.
2 min read · 21 January 2013
The special purpose acquisition vehicle set up by NRDC in 2007 is urging stockholders to allow it to continue operations as a REIT after failing to find a target business. The SPAC, which raised $414m in its 2007 IPO, will legally have to liquidate in October if shareholders say no.
2 min read · 21 January 2013
The White Plains, New York-based firm has hired four new members of staff, including former JER fund manager Dwight Arnesen. Marti Breier, Scott Stuckman and Joel Mayer have also joined the firm.
1 min read · 21 January 2013