The White Plains, New York-based firm has acquired Sallie Mae’s headquarters in Virginia through its $964m Rockwood Fund VIII.
1 min read · 24 January 2013
If commercial real estate is the next shoe to drop, what does 2010 entail for private equity real estate investors? PERE offers 10 predictions for the coming year
4 min read · 24 January 2013
The pension has investments in its pipeline that could bring its total commitments to the asset class to $1bn or more by early 2010. CalPERS has already invested $700m to the asset class.
2 min read · 24 January 2013
Jeffrey Gundlach allegedly set up his firm, DoubleLine Capital, using TCW’s client information.
2 min read · 24 January 2013
High-profile London estate agents Foxtons has undergone a capital restructuring that sees its lenders own the majority of the equity. BC Partners will reportedly inject less than £50m of fresh equity.
1 min read · 24 January 2013
The firm has obtained €42.5m of financing from Deutsche Pfandbriefbank to acquire the building. It accredited “deep analysis” of the leasing market as a key factor behing the purchase.
1 min read · 24 January 2013
Adding to the private equity momentum in Latin America’s largest economy, the firm will buy a majority stake in CVC Brasil, a major tour and travel company based in Santo Andre.
2 min read · 24 January 2013
Jan Meulenbelt, the new global head of ING’s global multi-manager platform, plans to allow investors to invest in separate European, US and Asia Pacific vehicles.
1 min read · 24 January 2013
Veteran CalPERS board member Charles Valdes is not running for re-election, and will be replaced by the pension's real estate investment officer Joseph Jelincic. Jelincic received 51% of the votes in a run-off election.
2 min read · 24 January 2013
A PPIP fund raised by The TCW Group has been withdrawn following the departure of the firm’s chief investment officer Jeffrey Gundlach, which triggered a key-man clause. Investors can transfer investments to other public-private investment programme managers.
2 min read · 24 January 2013
