The Canada Pension Plan Investment Board has agreed to inject equity into a retail park fund advised by REIT, British Land, and managed by Schroder Property.
2 min read · 21 January 2013
William Green has left the Greenwich, Connecticut-based firm for family reasons. He joined the firm in late 2007 to oversee Starwood’s debt investment operations.
2 min read · 21 January 2013
The founder of JE Robert Companies, who has undergone treatment for brain tumours, appointed former Starwood exec Barden Gale as CEO so there would be ‘no questions’ about his health and the leadership of the firm. “I don’t plan on going anywhere. I just have a new and very exciting job supporting and his team,” he told PERE.
3 min read · 21 January 2013
ING Real Estate Investment Management European managing director Wilson Lee has left the firm one year after joining to help launch its first global real estate opportunity fund. Plans for the $1.5 billion vehicle were shelved earlier this year.
2 min read · 21 January 2013
The former Starwood Capital vice chairman takes over the day-to-day running of JE Robert Companies from Joseph Robert, who has been undergoing treatment for brain tumours. Robert will become executive chairman.
2 min read · 21 January 2013
European fund managers are preparing to fight tough draft-EU regulations for the industry. US and non-EU GPs could also be severely affected. By Kevin Ley.
3 min read · 21 January 2013
Tom Barrack pays tribute to Michael Jackson, a ‘gentle, talented and compassionate man’. Last year, Colony Capital saved Jackson’s Neverland ranch from the brink of foreclosure by acquiring $25m in debt from Fortress.
2 min read · 21 January 2013
Which private equity real estate firms are best positioned to take advantage of the current real estate crisis? Have your say in PERE’s upcoming feature.
1 min read · 21 January 2013
The bank, which inherited the placement agent business following its merger with Merrill Lynch, will use a smaller team to manage its current clients, but will not take on any new clients.
2 min read · 21 January 2013
Hundreds of billions of dollars are sat on the sidelines waiting to invest in distressed corporate debt and real estate, according to funds lawyer Sandy Presant – but few investors will ‘jump’ now when opportunities could be better in six to 12 months time, a conference heard today.
2 min read · 21 January 2013
