After closing the $2.3bn acquisition of 11 California state offices in a joint venture with Hines, the Irvine, California-based firm is looking for more public-private opportunities.
2 min read · 24 January 2013
Partners Capital, the private investment office for private equity professionals, is opening an office in Hong Kong.
3 min read · 24 January 2013
Quadrangle’s Rattner speaks out about the pay-to-play scandal.
2 min read · 24 January 2013
Though it could potentially allow LPs access to China’s domestic private equity industry, LPs want to see the final details before celebrating.
4 min read · 24 January 2013
Bank of America Merrill Lynch’s agreement to a $650 million settlement with the LPs of its Asia real estate fund has caused the entire sector to sit up and take notice. PERE Magazine November 2010 issue.
9 min read · 24 January 2013
Chicago-based LaSalle has joined with the Canada Pension Plan Investment Board to buy a shopping centre for €157.3m from a liquidated German open-ended fund
1 min read · 24 January 2013
After closing on a 400,000 sq. ft. industrial property acquired through a distressed note sale, the Magellan Group says it’s about ‘shooting with a rifle, not a shotgun’.
2 min read · 24 January 2013
Australia’s A$69bn Future Fund has continued to grow its real estate exposure, reporting increased assets of 1.2 percent to A$3.4 billion from the six months to 30 September. According to the fund’s annual report released today further increases to real estate and other “tangibles” are planned.
2 min read · 24 January 2013
The Swiss fund of funds manager has secured ex-AI Capital head Kazushige Kobayashi to lead its second office in Asia. News of the office opening comes shortly after PERE learned the firm is planning its first Asia real estate fund of funds.
2 min read · 24 January 2013
In a further sign that investors are taking flight from once-popular open-ended vehicles, Morgan Stanley decides to close down its fund two years after halting redemptions.
2 min read · 24 January 2013
