David Snow examines what America’s Public-Private Investment Program for troubled assets means for private equity real estate.
2 min read · 21 January 2013
Prices are still inflated relative to historic averages, according to economist Martin Wolf who urged investors to view pricing opportunities selectively rather than generally.
1 min read · 21 January 2013
The two firms invested $25m in the Inner Mongolian hot pot restaurant chain in June 2006. The company was listed on the Hong Kong stock exchange in June 2008.
2 min read · 21 January 2013
Fortress shares doubled after the US Treasury outlined plans this week to buy up to $1trn in toxic assets by combining public and private equity. Blackstone and Och-Ziff have also seen their stocks rise.
2 min read · 21 January 2013
Washington D.C. based Carlyle Group promotes three people to managing director level within its Asia real estate team, but says the promotions are not part of a strategy to increase the pace of its investment programme on the continent.
2 min read · 21 January 2013
The Canadian province will use both public and private money to improve roads, schools and public transport over the next two years
1 min read · 21 January 2013
In a story dated 20 March, PERE reported that David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from various private equity and hedge funds, including a vehicle run by Paladin. The story should have read Paladin Capital Group.
4 min read · 21 January 2013
The Lake Oswego, Oregon-based firm is targeting $200m for its Real Estate Distress Fund. The vehicle will focus on distressed multifamily apartments, particularly in the Sunbelt states.
1 min read · 21 January 2013
Netherlands-based ING Real Estate, one of the largest property managers in the world, has put plans on hold indefinitely for a global real estate opportunity platform as the firm concentrates on asset management instead.
2 min read · 21 January 2013
Private funds and investors are essential to the US Treasury’s plan to rejuvenate credit markets with the purchase of banks’ real estate-related toxic assets.
3 min read · 21 January 2013