The US banking giant says Europe is unlike anything in the past as it unveils a four-pronged opportunistic real estate strategy for the region.
2 min read · 17 January 2013
The vehicle, created for an unnamed corporate pension, will look to provide liquidity to US real estate ownership structures in a variety of ways.
2 min read · 17 January 2013
One month after opening its first office in Sydney, the Europe and Asia focused private equity real estate firm has notched its maiden investment in the city.
2 min read · 17 January 2013
The New York-based real estate investment firm has held a first close for its $1 billion opportunistic debt fund, collecting commitments from investors that include the Contra Costa County Employees’ Retirement Association and the South Carolina Retirement System.
2 min read · 17 January 2013
The $22.3 billion pension system plans to significantly boost the size of its real estate portfolio over the next two fiscal years, focusing primarily on non-core investments. Thereafter, however, it expects to pull back on additional investments to the asset class.
3 min read · 17 January 2013
Bruce Feldman, former head of alternatives at the Pennsylvania State Employees’ Retirement System, saw the industry tilting toward ‘key’ LPs.
2 min read · 17 January 2013
The Zug-based private markets investment firm described in its latest research how it is placing its current real estate investing emphasis on investments in debt and secondaries, both direct and indirect, as it avoids a “herding mentality”.
2 min read · 17 January 2013
The Miami-based firm already has invested nearly half of its latest value-added vehicle, which gives it about $1 billion in buying power for distressed office assets.
2 min read · 17 January 2013
The way hurdle rates work may compel GPs to push for exits in a way that is not in the best interests of the fund, a study suggests.
3 min read · 17 January 2013
Compared to its other business lines, the Los Angeles-based investment manager has been the most active in investing capital in the asset class, with its previous real estate fund nearly fully invested and its latest vehicle expected to hold a first close late next month.
3 min read · 17 January 2013
