After opening an office in London and hiring Sean Kelly Rand to help leads its European activities, the New York-based firm has tapped Bradley Carroll as managing director.
1 min read · 24 January 2013
The US firm is committing to a £37m JV with operating partner, The Local Shopping REIT, to invest in retail parades and precincts.
2 min read · 24 January 2013
The firm, founded by Jeff Krasnoff and backed by Lennar, has already acquired one of the largest FDIC portfolios to date for its Rialto Real Estate Fund, which is believed to be targeting $750m.
2 min read · 24 January 2013
The Swiss-headquartered alternatives firm has already deployed 30 percent of its equity in regions including North America, Latin America, Europe and Asia Pacific.
1 min read · 24 January 2013
It has been reported that China’s State Administration of Foreign Exchange has allowed the Shanghai government to greenlight the conversion of $3bn into RMB for investment into private equity funds. Whether this money will be treated as local capital still remains unclear.
3 min read · 24 January 2013
The $8.8bn pension is shifting its focus to private real estate, away from REITs, as it increases its allocation to the sector.
2 min read · 24 January 2013
The debt shop has acquired the A-note of a construction loan for Jay Paul’s 1.8m sq. ft. Moffett Towers project in Silicon Valley from Morgan Stanley. At 13% leased, Mesa West says it is eyeing value-add deals with growth potential.
2 min read · 24 January 2013
The New York-based firm will manage more than $2bn of equity positions, after LPs in Bank of America Merrill Lynch’s ill-fated Asian Real Estate Opportunities Fund agreed a $650m settlement following non-fiduciary actions by the bank.
2 min read · 24 January 2013
Jennifer McHugh will act as the agency's lead regulator for the $39trn asset management industry following Andrew Donohue's departure earlier this month.
2 min read · 24 January 2013
Investors targeting infrastructure funds are increasingly in favour of differentiating fees according to investment strategies, closed-end funds rather than open funds, and creating separate infrastructure allocations. These are among the findings of a new survey from placement agent Probitas Partners.
2 min read · 24 January 2013
