The opportunistic vehicle was targeting $300m of equity when it was launched in 2007. It will focus on equity and debt investments on the west coast of the US and in Hawaii.
1 min read · 24 January 2013
Momentum Real Estate Partners is eyeing a $75m final close in the next year for its debut vehicle. The firm was launched by GFG founders Mauricio and Eduardo Gruener and Jaime Garcia in 2009.
2 min read · 24 January 2013
Florida-based Ram Realty and New York’s Square Mile Capital Management have formed a JV to acquire a portfolio of 38 non-performing loans with a total par value of around $150m.
1 min read · 24 January 2013
The pension’s investment committee has approved a $25m commitment to oil and gas-focused Encap’s eighth fund, targeting $2.5bn.
1 min read · 24 January 2013
Los Angeles-based Oaktree Capital Management is in talks to buy a controlling stake in troubled Irish housebuilder McInerney Holdings
2 min read · 24 January 2013
The Dutch pension's private equity portfolio returned 13.7% for H1 2010, compared to 1.7 percent for RE
1 min read · 24 January 2013
Why three former Morgan Stanley professionals have got backing from a listed investment firm and a hedge fund affiliate
4 min read · 24 January 2013
Tough fundraising conditions have forced the Texas-headquartered firm to revise its prior plan to raise a combined $20bn for Lone Star Real Estate Fund II and Lone Star Fund VII.
1 min read · 24 January 2013
Sonny Kalsi, John Carrafiell and Fred Schmidt, a trio of former Morgan Stanley real estate investing heads, form new property firm GreenOak Real Estate with $110m of backing from Dutch listed company, Tetragon. The firm has formed ahead of an expected surge in distressed loan disposals, fire sales, and MBS workouts.
2 min read · 24 January 2013
The New York-based alternative assets firm has increased the firepower of its AG Asia Realty Fund II after US pension fund the Oregon Public Employees Retirement System committed $100m.
2 min read · 24 January 2013
