Following the investing of its first fund, the San Francisco-based firm has made one promotion within its San Francisco office and one hire within its New York location. Clairvue expects to make additional hires over the next year.
2 min read · 17 January 2013
The Africa, Asia and Latin America-focused private equity firm has completed the third exit of its $150m Actis Africa Real Estate Fund selling its 85% stake in the Accra Mall in Ghana to South African buyers.
2 min read · 17 January 2013
The New York-based real estate, infrastructure and real resources investment platform of Franklin Templeton Investments has amassed a total of $319.2 million in commitments for its third global multi-manager fund, which was the first of its funds to target US institutions.
2 min read · 17 January 2013
The global asset management firm has issued a new report that reveals some investment opportunities within the US away from the more overpriced sectors.
2 min read · 17 January 2013
Some LPs are seeing the value of a broader real asset allocation, but that doesn’t mean real estate necessarily will suffer as a result.
3 min read · 17 January 2013
The European association for investors in unlisted real estate vehicles wants to improve due diligence and the decision-making process on fund of funds investments.
2 min read · 17 January 2013
The investment management subsidiary of the US insurer has set aside an initial pool of $100 million to establish a programme to support real estate and private equity firms with strong women and minority participation as part of an overall companywide diversity initiative.
2 min read · 17 January 2013
The Greenwich, Connecticut-based private equity real estate firm is understood to have called time on its fundraising effort for its Asia Realty Income Fund III vehicle short of its original $1 billion target. Including last month’s investment in an Australian funds management business the fund has been invested into six transactions so far.
2 min read · 17 January 2013
The number of new closed-end real estate funds being launched is on track to reach its highest level in seven years at a time when the amount of investor capital going into such vehicles is dropping, according to research presented by The Townsend Group at the PERE Global Investor Forum 2012 in Los Angeles.
3 min read · 17 January 2013
PropertyMatch, a European secondaries trading platform for units in unlisted real estate funds part-owned by CBRE, says it traded more than €270m in the first quarter of the year, beating last year’s corresponding period by 240 percent.
2 min read · 17 January 2013
