Joe Azrack, Apollo Global Management’s head of real estate, has been speaking with PERE ahead of his appearance at next month's PERE Forum: Europe in London.
2 min read · 24 January 2013
A new tax idea from two US lawmakers finally recognises the true nature of carried interest.
2 min read · 24 January 2013
The crafters of the AIFM have good intentions, but they must be shown that key proposals of this directive benefit no one and may create a Kafkaesque business environment, writes David Snow.
3 min read · 24 January 2013
The House of Representatives will consider treating three-fourths of a GP’s carried interest as ordinary income, with the remaining one-fourth left at a lower capital-gains rate.
2 min read · 24 January 2013
The Chicago-based private equity real estate firm is reportedly raising up to $500m of equity to beef up its investment in Brazilian real estate, anticipating strong demand in the region due to the economy’s rapid growth.
2 min read · 24 January 2013
Listed investment firm, Fairfax Financial, will purchase up to $100m of the Beverly Hills-based firm’s convertible preferred stock.
2 min read · 24 January 2013
Miami-based Blumberg Capital Partners is reportedly planning to invest $100m into Indian commercial and residential real estate over the next three years.
1 min read · 24 January 2013
GE's real estate chief executive, Ron Pressman, describes the fund as being in line with the firm’s aspiration to become a manager of private equity real estate funds
2 min read · 24 January 2013
The Council of Ministers and the ECON Committee have approved versions of the directive, but crucial differences remain in regards to the ‘third country’ rules.
3 min read · 24 January 2013
The Canadian pension has invested A$200m in a development fund with Goodman targeting Australian logistics and seeded by a distribution centre in Melbourne. It follows a $150m China JV between CPPIB and Goodman.
2 min read · 24 January 2013
