The US government's moves to gain greater regulatory control over large financial instutions would obligate some private equity firms to register with the SEC and supply data including the names of LPs and leverage levels on deals.
3 min read · 21 January 2013
The CEO of Allianz Real Estate Olivier Piani said lending in Europe won’t improve significantly until banks deal with their real estate assets. However, the PREA spring conference heard there’s more upside than downside to the current crisis.
2 min read · 21 January 2013
The US government’s Term Asset-Backed Securities Loan Facility should successfully create clear market prices, but will need the participation of the private sector, according to speakers at the PREA spring conference in Washington DC.
1 min read · 21 January 2013
Songbird Estates, a property company backed by Morgan Stanley Real Estate Funds, unveiled £1.8bn annual losses today and said there was a ‘material risk’ of breaching banking covenants within the next 12 months. It has appointed UK bank Rothschild to advise on funding options.
1 min read · 21 January 2013
David Snow examines what America’s Public-Private Investment Program for troubled assets means for private equity real estate.
2 min read · 21 January 2013
Prices are still inflated relative to historic averages, according to economist Martin Wolf who urged investors to view pricing opportunities selectively rather than generally.
1 min read · 21 January 2013
The two firms invested $25m in the Inner Mongolian hot pot restaurant chain in June 2006. The company was listed on the Hong Kong stock exchange in June 2008.
2 min read · 21 January 2013
Fortress shares doubled after the US Treasury outlined plans this week to buy up to $1trn in toxic assets by combining public and private equity. Blackstone and Och-Ziff have also seen their stocks rise.
2 min read · 21 January 2013
Washington D.C. based Carlyle Group promotes three people to managing director level within its Asia real estate team, but says the promotions are not part of a strategy to increase the pace of its investment programme on the continent.
2 min read · 21 January 2013
The Canadian province will use both public and private money to improve roads, schools and public transport over the next two years
1 min read · 21 January 2013
