A new study on UK investors confirms a broader trend – investors that are remaining committed to non-listed real estate want global exposure and specialist managers
3 min read · 24 January 2013
The $30.5bn Los Angeles County Employees Retirement Association will wait to make investments in the asset class because infrastructure is still too 'under-developed'.
2 min read · 24 January 2013
Extended Stay’s board has backed Starwood, TPG and Five Mile's offer, saying it would value the bankrupt company at $3.9bn. Starwood will invest 50% of the new equity, with TPG and Five Mile splitting the remainder.
2 min read · 24 January 2013
A recent bill introduced by US banking committee chairman Christopher Dodd maintains previous SEC registration exemptions by the Senate for private equity and venture capital funds, but could also lead to multiple state regulator oversight for smaller firms.
2 min read · 24 January 2013
A debate by ministers over stringent regulations for EU fund managers was temporarily cancelled following interventions by the UK Prime Minister Gordon Brown.
4 min read · 24 January 2013
After a year-long search, the California State Teachers’ Retirement System has found its new head of private equity internally, choosing interim co-director of the programme Margot Wirth.
1 min read · 24 January 2013
According to a report published by Savills at this year’s MIPIM, the world’s largest annual property fair, German banks including Aareal Bank, Baverische Landesbank and Deutsche Bank are underpinning an increased appetite for real estate lending in Europe in 2010.
2 min read · 24 January 2013
Roughly $17bn of opportunistic real estate funds held final closes by the end of 2009, but only after ‘exhaustive’ marketing periods, according to Clerestory Capital.
2 min read · 24 January 2013
General Equity Real Estate’s Chris Macke has warned US banks and financial institutions need to start a phased clean up their balance sheets, otherwise real estate won’t recover until 2014 at the earliest.
5 min read · 24 January 2013
Thomas Dowd, Peter Donnelly, Olan Cremin and Mark O' Donnell will continue to lead Avestus Capital Partners as it targets new funds.
1 min read · 24 January 2013
