The firm has also shut down its $500m North American Infrastructure Fund. RREEF's real estate operations have not been affected.
2 min read · 21 January 2013
The asset management firm has hired Brahm Cramer, former co-head of Goldman Sachs’ Real Estate Principal Investment Area, and iStar financial president Jay Nydick to lead its new opportunity platform.
1 min read · 21 January 2013
Crown Mortgage Management has been given extra ability to co-invest in performing and non performing loans alongside investors such as opportunity funds.
2 min read · 21 January 2013
There is plenty of demand for Asian secondaries – but where are the vendors?
3 min read · 21 January 2013
The SEC is proposing to create a new asset management enforcement unit, which could be good news for firms that have complained in the past about a lack of private equity expertise among auditors and investigators.
3 min read · 21 January 2013
The private equity and real estate investor has sold a Frankfurt data centre for $28m to data services firm Equinix. The technology centre was the final asset to be sold from a 25-building portfolio bought by GI in 2004. The firm made a 3.7x multiple on the deal.
1 min read · 21 January 2013
Gerald Parkes, who resigned as the head of Lehman Brothers private equity real estate business in Europe this summer, is reportedly teaming up with British property veteran, Sir John Beckwith.
1 min read · 21 January 2013
The Dallas-based real estate investor has hired Realty Capital Partners CEO Donna Arp to help develop the firm’s institutional relationships as it raises Encore Opportunity Fund II.
2 min read · 21 January 2013
Goldman Sachs is transfiguring its platform to seize complex opportunities. It won’t be long before it’s ready to take on the world (again). By Robin Marriott
3 min read · 21 January 2013
It’s a shame CalPERS may refuse to take a negative stance on the SEC’s proposed placement agent ban, writes Christopher Witkowsky.
2 min read · 21 January 2013