At an alternatives conference in New York today, four major LPs said the real estate asset class was a top priority.
1 min read · 21 January 2013
Aside from deals with the Royal Bank of Scotland and the National Pension Service of Korea, Rockspring has been busy raising its UK Value Fund. PERE Magazine December 2009- January 2010 issue
1 min read · 21 January 2013
Voting is now open for the fourth annual readers’ poll hosted by PERENews.com and PERE magazine. Who will clinch industry figure of the year? Which firm mattered the most in 2009?
2 min read · 21 January 2013
The New York-based firm has formed a $108m joint venture with Kennedy Wilson to target debt and equity interests in residential condo projects.
2 min read · 21 January 2013
The two firms are looking to carve out the gaming operations of Italian-listed leisure group Snai at the same time that Blackstone is reportedly vying to take control of Gala Coral.
2 min read · 21 January 2013
With investor confidence sapped following the Dubai government's decision to seek a six-month “standstill” on the debt of Dubai World and Nakheel, Jones Lang LaSalle says the real danger is sovereign – not corporate – default.
3 min read · 21 January 2013
Lone Star has a plan to keep total control of bankrupt US grocer Bi-Lo outside of bankruptcy, while a lending group that includes KKR wants to split control of the company. Bi-Lo operates 215 stores in the southeastern US.
2 min read · 21 January 2013
In its Outlook 2010 briefing, UK-listed asset manager Aberdeen Asset Management, says given the rise of equities this year and general continued economic uncertainly, a ‘degree of diversification’ into real estate markets seems to be an attractive proposition.
2 min read · 21 January 2013
Fresh off raising $208m from the IPO of its mortgage REIT, Apollo Global says it could raise a series of private equity real estate funds. The firm’s sixth buyout fund has taken a hit following investments in Harrah’s and Realogy.
2 min read · 21 January 2013
If the hiring market picks up, more funds may want to consider annual vesting provisions to reward better-performing employees and to hold on to senior executives.
3 min read · 21 January 2013
