The European trade body is the latest to stress placement agents ‘play a crucial role’ in the private investment fund industries.
2 min read · 21 January 2013
The $182 billion US pension will choose from Meketa Investment Group, Pension Consulting Alliance, R.V. Kuhns & Associates and Wilshire Consulting to advise its nascent infrastructure investment programme.
1 min read · 21 January 2013
Left holding the debt of a struggling real estate investment? What US fund managers need to know about entering into receiverships. By Anthony Theophilos of Starr Finley
6 min read · 21 January 2013
Prospect Acquisition Corp, a $248m blank cheque company, has acquired the Beverly Hills-based investment firm for an undisclosed sum. The Kennedy Wilson name and fund platform will remain, but as a ‘wholly-owned subsidiary of Prospect’.
2 min read · 21 January 2013
Edward Siskind becomes the sole head of global real estate principal investments as co-head Todd Williams prepares to leave this year. Brahm Cramer and Jonathan Langer are also leaving REPIA to “to pursue other opportunities”, according to an internal memo.
2 min read · 21 January 2013
Investor-friendly carried interest, fee, GP commitment, key man and transparency terms are promoted in a new set of ‘Private Equity Principles’ from the trade association for limited partners. Will real estate follow suit?
3 min read · 21 January 2013
The struggling insurance giant has officially ended five decades of private equity investing, selling $89bn of assets for $500m. The deal doesn't include its private equity real estate funds, which are 'positioned' for a sale.
2 min read · 21 January 2013
The Chinese sovereign wealth fund has held talks with BlackRock, Invesco and Lone Star as it looks to the US real estate market and distressed mortgage securities, according to the Wall Street Journal.
1 min read · 21 January 2013
The US firm says hiring Rob Trevor as a principal reflects ‘increasing opportunities’ in the UK.
1 min read · 21 January 2013
LaSalle Investment Management and ING Real Estate Investment Management remain on a whittled-down shortlist to buy the management of the Wall Street Bank’s Asian Real Estate opportunity Fund and its other Asian real estate holdings.
2 min read · 21 January 2013