The market maker 2006-11-01 Staff Writer Globalization has to start somewhere. In the case of European private equity real estate, it arguably began when US investment banks moved their principal real estate investment arms across the Atlantic—in other words, it began with Roger Orf .<br /> <br /&
1 min read · 23 January 2013
The internationalist 2006-11-01 Staff Writer In close to five years at the California Public Employees' Retirement System, Mike McCook transformed the largest pension fund in the US into a global powerhouse among institutional investors in real estate. Though he left his post earlier this year, McCook's infl
1 min read · 23 January 2013
The fugitive 2006-11-01 Staff Writer By all accounts, Steven Lee, an ambitious 30-something, Korean-American Harvard MBA, was a rising star at Texas-based Lone Star Funds. However, few falls in the industry's short history have been as dramatic—or as damagingly influential. Today, Lee is facing charges for t
2 min read · 23 January 2013
The hedger 2006-11-01 Staff Writer As the head of Blackacre Capital, the property investment arm of Cerberus Capital Management, Ronald Kravit has helped define the trend of hedge funds entering the world of private equity real estate. In the process, he and his team have been involved in some of the industr
1 min read · 23 January 2013
The local 2006-11-01 Staff Writer Osamu Kaneko founded Tokyo-based KK daVinci Advisors in 1998, a move that helped spur opportunistic and value-added real estate investment strategies in Japan. By buying run-down properties from cash-strapped landlords, Kaneko was able to earn in excess of 40 percent returns
1 min read · 23 January 2013
The lone wolf 2006-11-01 Staff Writer Starting with 1995's Brazos Fund, John Grayken's low-profile Lone Star Funds began establishing a track record recognized throughout the industry as one of the best. Cutting his teeth in the real estate division of investment bank Morgan Stanley and, later, working on re
2 min read · 23 January 2013
At a gathering in New York today, delegates at PERE’s North American Private Equity Real Estate Forum heard frontline accounts of the globalization of the industry from Morgan Stanley’s Jay Mantz and Starwood’s Barry Sternlicht.
3 min read · 23 January 2013
The Nashville-based casual dining restaurant chain, which came with a price tage of $486m, owns 143 of its eateries.
1 min read · 23 January 2013
The Center City Embassy Suites represents the fourth hospitality acquisition for the Norwalk, Connecticut-based private equity real estate firm’s second opportunity fund.
1 min read · 23 January 2013
The real estate opportunity fund represents the private equity titan’s first vehicle dedicated specifically to the asset class.
2 min read · 23 January 2013
