The capital injection is matched by an investment of equal size from New York-based Anchorage Capital Group, part of an expected aggregate $325m capital raise by Central Pacific.
1 min read · 24 January 2013
Following an internal audit this summer, Kentucky Retirement Systems is facing a review by Kentucky’s state auditor over its use of placement agents.
2 min read · 24 January 2013
The former political consultant’s reported plea comes on the heels of news that Steve Rattner is close to a deal with the SEC.
2 min read · 24 January 2013
PERE visited the financial hub of Germany this week to be told that domestic investors want core, but will limited opportunities alter their attitude to risk next year?
3 min read · 24 January 2013
As ratings agencies become liable for the ratings attached to CMBS, the founder of Ranieri Real Estate Partners says the real estate industry cannot ‘turn back the clock’ towards balance sheet funding.
2 min read · 24 January 2013
The firm expects to raise another $275m for the fund by the end of the year and also picked up a $1.1bn separate account for Korea’s National Pension Service
3 min read · 24 January 2013
In seeking to maximise the value of its portfolio, the estate of Lehman Brothers has made another investment in its legacy assets – this time through its partnership with Monday Properties
3 min read · 24 January 2013
The firm is expecting to raise another $275m for the fund by the end of the year and has also picked up a $1.1bn separate account for Korea’s National Pension Service, firm executives said during a conference call. A KKR executive today noted a ‘much improved fundraising environment’.
3 min read · 24 January 2013
A couple of key themes emerged at the recent PERE Forum in New York. Chief among them was a warning to those who just follow the herd.
2 min read · 24 January 2013
A new player in UK private equity real estate has emerged, as Wainbridge Capital reaches a first close of £50m for a value-added fund with equity mainly from wealthy Russians.
3 min read · 24 January 2013
