Experts warn that a new European regulation could force opportunity and other leveraged real estate funds to post cash collateral against their interest rate hedges and potentially even lead to large cash calls upon their limited partners
3 min read · 24 January 2013
GI Partners, RREEF take over running the 47m sq. ft. CalEast portfolio on behalf of the California public pension following poor performance during the past three years. GI hires ex-KKR real estate head John Saer to run the deal.
2 min read · 24 January 2013
Events in China’s economy increasingly are rivalling those in the US, according to this year’s roundtable participants. Still, they are more preoccupied with how the investor community at large is eyeing their industry. PERE Magazine December/January 2010/2011 issue.
10 min read · 24 January 2013
As LPs shy away from commingled funds, an increasing number of GPs are tailoring their investment vehicles to suit investor needs. For Guy Jaquier and AMB Capital Partners, that’s always been par for the course.
10 min read · 24 January 2013
Marc Spilker has been named Apollo Global’s first-ever president, in the firm's latest 'institutionalisation' move ahead of a public listing.
2 min read · 24 January 2013
The former Morgan Stanley and John Buck Company executive aims to tap into India’s growing residential and hotel sectors via investments alongside joint venture partners, but may also invest more widely via shares in Indian property companies.
2 min read · 24 January 2013
Mountgrange Investment Management, which raised its debut opportunity fund in 2009, is backing a venture to develop 15 London budget hotels under a franchise agreement with Tune Hotels run by Asia entrepreneur Tony Fernandes.
3 min read · 24 January 2013
The London-based multi-manager group has appointed Bart Coenraads as head of its operations in the Asia Pacific region, as it eyes increased secondaries, and some recapitalisation, opportunities.
2 min read · 24 January 2013
The Australian Tax Office has finally ruled on an issue which arose following a dispute with TPG over taxes payable on the returns from the IPO of Myer Group in October 2009.
2 min read · 24 January 2013
The Chicago-based firm has sold 1501 M Street NW in the US capital less than 18 months after acquiring it at discount from CBRE Investors. The property was bought through JBC's $289m Fund III.
1 min read · 24 January 2013
