The Swiss-based alternatives firm which advises some of the largest investors in the world says only very few markets such as the UK have reached the ‘late downturn’ stage. The finding comes as Blackstone is tipped to buy a 50 percent stake in a London office complex for £150m.
2 min read · 21 January 2013
The Chinese Sovereign Wealth fund has reportedly shortlisted nine fund managers taking part in the US Public-Private Investment Plan.
2 min read · 21 January 2013
The Texas-based company, which manages a number of closed-ended funds and joint ventures, says it will target $3.5bn from individual investors in the initial public offering of Hines Global REIT. The firms says it will have the advantage of tenure and expertise in developed markets as well as in emerging markets.
1 min read · 21 January 2013
The New York- based private equity and real estate giant has brought in former Pequot Capital chief investment strategist Byron Wien, as it looks to macroeconomic analysis to work out how to spend its $29 billion equity pile.
2 min read · 21 January 2013
Roughly 35% percent or more of capital raised by placement agents comes from US public pensions, according to a veteran fundraiser, and an SEC proposal to ban placement/pension interaction could threaten the third-party fundraising business model.
2 min read · 21 January 2013
In the middle of a real estate depression, how did Brookfield, led by CEO Bruce Flatt, manage to attract $4bn in commitments to an opportunistic strategy? Jonathan Brasse explains
3 min read · 21 January 2013
A day after the Och-Ziff backed company announced a hitch in its debut deal, reports are suggesting junior lender Citi wants to buy the assets instead in order to recover value.
1 min read · 21 January 2013
After real estate losses constituted the biggest part of the Canadian pension’s $5.7 billion loss for the half-year to 30 June, it has decided to “reposition” its real estate exposure.
2 min read · 21 January 2013
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
4 min read · 21 January 2013
San Francisco-based Probitas Partners has capitalised on the move by hiring two of Deloitte’s former team to bolster its European business.
2 min read · 21 January 2013
