The fifth annual PERE conference concluded today with calls for LPs to turn against the flow of capital to core, amid concerns the sector is becoming as risky as value-added and opportunistic strategies. We present other notable quotables from the New York event.
2 min read · 24 January 2013
Switzerland-based alternative investment firm, Capital Dynamics is to increase its exposure to real estate following the hire of Matthias Sturmer, the former co-owner of Pacific Star Europe, the Munich arm of Singapore-based Pacific Star, which has subsequently been wound up.
3 min read · 24 January 2013
The London-based private equity real estate firm has acquired the Burlington Arcade in London in an 80:20 joint venture with US private property investment firm, Thor Equities.
2 min read · 24 January 2013
The New York investment firm has hired Adam Brooks from Goldman Sachs real estate principal investment area to work with fellow Goldman alumni Brahm Cramer and Jay Nydick.
1 min read · 24 January 2013
Singapore’s Pacific Star need loose no kudos after reeling in two funds that didn’t attract commitments. It should be confident its meshed new effort will fare better.
3 min read · 24 January 2013
Offshore LPs are giving a lukewarm reception to Shanghai’s Qualified Foreign LP programme until it is finalised.
3 min read · 24 January 2013
Timothy Recker has taken over the chairmanship of the Institutional Limited Partners Association from outgoing chair Joncarlo Mark of CalPERS.
2 min read · 24 January 2013
The New York-based value-add investment firm eyes the commercial real estate workout space as it partners with Green River Capital to form UrbanAmerica Res Services.
1 min read · 24 January 2013
Silverpeak Real Estate Partners has been launched as the new independent investment advisory business to the former Lehman Brothers Real Estate Private Equity funds. Brett Bossung and Mark Newman, former co-heads of the Lehman Brothers platform speak to PERE about the past, present and future.
2 min read · 24 January 2013
A group of nine traders, led by Bob Howard, will join KKR in New York, setting the stage for the alternative investment giant to build a major hedge fund operation.
2 min read · 24 January 2013
