The New York-based private equity real estate firm acquires the Hilton Dallas Lincoln Center through its latest value enhancement fund for $72m.
1 min read · 22 January 2013
The $82bn Washington State Investment Board, known for its bullish stance on alternatives, had a minus two percent first quarter return on its private equity portfolio, while real estate underperformed against its benchmark. Executive Director Joseph Dear says ‘we’re in this asset class to stay’.
2 min read · 22 January 2013
One year after Knight Frank’s Rutley Capital Partners launched a £101m East Africa fund, another UK-based firm, Integreated Property Investments, is planning a property fund for the region.
2 min read · 22 January 2013
Private real estate investment firm Shorenstein Properties is targeting debt interests in prime markets in the US looking to capitalize on the “ongoing dislocation” in the credit markets. The firm's total debt holdings now total $685m.
2 min read · 22 January 2013
The Beverly Hills-based real estate investment firm has acquired a 16-story office building in California’s Beverly Hills through its latest two real estate funds.
1 min read · 22 January 2013
Alternative assets managed by the world’s top 99 investment managers on behalf of pension funds grew by 40 percent over the past year, according to consulting firm Watson Wyatt.
2 min read · 22 January 2013
Alternative assets managed by the world’s top 99 investment managers on behalf of pension funds grew by 40 percent over the past year, according to consulting firm Watson Wyatt. Real estate managers occupied the top nine positions, managing 62 percent of pension fund assets.
2 min read · 22 January 2013
The bill, which would more than double federal taxes on carried interest, faces an uphill battle in the Senate.
2 min read · 22 January 2013
The listed European developer that Denver-based ProLogis floated in 2006 is on its way to delivering on a promise to invest €900 million in ProLogis European Properties fund II (PEPF).
1 min read · 22 January 2013
The DLJ spin-out has sold its 100 percent holding in Catamount Energy after purchasing the company for $76m in 2005. Catamount operates a 300-megawatt wind farm in Texas and holds 1,750-megawatts in developmental interests in the UK and US.
1 min read · 22 January 2013
