Carlyle's recent buyout of credit hedge fund Claren Road suggests the firm is diversifying revenues with more liquid instruments in advance of an anticipated IPO bid next year, writes Pete Gallo.
3 min read · 24 January 2013
The asset management unit – formed in September in the wake of Centerbridge’s acquisition of GMAC’s resort finance business – taps Mitchell of Ally Financial to help lead the firm, adds five other senior execs
2 min read · 24 January 2013
The Philadelphia-based firm has secured $100m from the New Jersey Division of Investment as it raises a co-investment vehicle to sit alongside its $2bn Fund VI. However, the co-investment fund will only be allowed to invest in new deals.
2 min read · 24 January 2013
The McLean, Virginia-based firm has partnered with Formation Capital to buy six skilled nursing homes from healthcare provider Adventist.
2 min read · 24 January 2013
Ernst & Young expert says the newly-proposed European Market Infrastructure Regulation (EMIR) on over-the-counter derivatives is going to restrict oppo funds in how they would like to make money for themselves and investors
3 min read · 24 January 2013
With twice as much deal activity taking place in the Asia Pacific region as anywhere else in the world, investors are keeping a close eye on transaction volumes as an indicator of what may be in store for Asia and its real estate markets. PERE Asia Supplement, December 2010/January 2011 issue
6 min read · 24 January 2013
PERE can exclusively reveal that the National Pension Service of Korea is planning to make up to eight commitments of $150 million each to value-added and opportunity funds in 2011.
2 min read · 24 January 2013
The firm, founded by Jeff Krasnoff and backed by Lennar, has already acquired one of the largest FDIC portfolios to date for its Rialto Real Estate Fund, which is believed to be targeting $750m.
2 min read · 24 January 2013
The $8.8bn pension is shifting its focus to private real estate, away from REITs, as it increases its allocation to the sector.
2 min read · 24 January 2013
No happy 20th anniversary for Colony Capital in Hawaiian ‘paradise’ as LPs object to location of its annual investor meeting
2 min read · 24 January 2013
