The chief investment officer of ING Real Estate Select resigned at the end of March due to the multi manager’s relocation to the firm’s headquarters in The Hague.
1 min read · 24 January 2013
Several institutions have carved out – or considered creating – space for private equity for the first time, countering a retreat by struggling LPs with more experience in the asset class.
2 min read · 24 January 2013
Raising a private equity fund in 2010 is not a task for the fainthearted – long gone are the days when GPs could easily double fund sizes and rely on re-ups. With colour-coded references to the Capital Pursuit! board game in April’s issue, PEI examines a selection of the complex issues one must navigate in today’s global fundraising market.
10 min read · 24 January 2013
The Nordic private equity real estate fund manager has held a first close on Sveafastigheter Fund III, and hopes to progress to an upper total of €400m
2 min read · 24 January 2013
Morgan Stanley Alternative Investment Partners raised $370 million for its latest secondaries vehicle – Morgan Stanley AIP Phoenix Global Real Estate Secondaries – 30 percent more than its original target. Joseph Stecher, head and chief investment officer of AIP real estate fund of funds, talks about the fundraise, the fund’s strategy and the “enduring” focus on NAVs.
3 min read · 24 January 2013
Heikki Westerlund, Capman CEO since 2005, will next month make way for Lennart Simonsen, a former M&A lawyer.
2 min read · 24 January 2013
The emerging markets specialist is taking a majority stake in a project in Ikeja, Lagos, with debt funding coming from local players, Stanbic IBTC Bank Plc and Standard Bank of South Africa.
1 min read · 24 January 2013
Last week, PERE reserved one morning amid a frantic schedule at the MIPIM property show in Cannes to lay on breakfast for winners of the 2009 PERE Awards. Here is what our co-host at Freshfields Bruckhaus Deringer had to say.
2 min read · 24 January 2013
Bill Thompson, Walter Stackler, Pamela Wright and Fredrik Elwing have all left to join the New York-based bank. Greenhill said its expansion into the real estate capital raising business was a ‘natural step’.
2 min read · 24 January 2013
The Phoenix Global Real Estate Secondaries fund will target fund interests in global property vehicles with $400m to $800m of commitments.
2 min read · 24 January 2013
