Momentum Real Estate Partners eyes final close in the next year for its debut vehicle, as it targets distressed multifamily in the US Sunbelt region.
1 min read · 24 January 2013
In order to meet future liabilities, the Asia Pacific Real Estate Association has called on pension funds in the region to mirror their US and European counterparts which have asset allocations to real estate of up to 10%.
2 min read · 24 January 2013
First Property Group, the AiM-listed property fund management firm, announced today it has launched an opportunity fund to invest in commercial real estate with a particular focus on Poland.
2 min read · 24 January 2013
New York-based alternative assets management firm Fortress is to open an office in Singapore. The office will initially host its Asia-specific macro-trading activities to be led by Adam Levinson, reportedly one of Wall Street’s top earners.
2 min read · 24 January 2013
Private equity firms are doing more in Europe than simply looking to buy loan portfolios from financial institutions – they want to buy whole banks. By Robin Marriott.
3 min read · 24 January 2013
The Oregon Investment Council chose this week to withhold a tentative, $400m commitment to the firm made alongside its original $400m pledge last year.
2 min read · 24 January 2013
The National Pension Service of Korea, the $270 billion pension fund, reportedly informed Dow Jones it was to commit $400m to a separate account mandate awarded to Pramerica Real Estate Investors. PERE revealed the appointment last month.
1 min read · 24 January 2013
Cleveland-based advisory and investment management firm, The Townsend Group, becomes the latest beneficiary of the National Pension Service of Korea’s strategy of increasing its international real estate exposure.
1 min read · 24 January 2013
Enervest’s 12th fund will reportedly raise up to $1.5bn to invest in upstream oil and gas assets in North America.
1 min read · 24 January 2013
UK-based fund manager sees the US apartment sector as the ‘best-positioned’ over the next five years and has launched an investment vehicle to capitalise.
2 min read · 24 January 2013