The Los Angeles-based firm reportedly said it was looking to merge Japan Rental Housing Investments with other J-REITs. Oaktree said the industry was ripe for “consolidation", according to media reports.
2 min read · 21 January 2013
Having already corralled $4 billion of equity commitments for a global opportunity investing consortium, the Toronto-based firm has swollen its kitty by a further $1bn as two more investors sign up.
2 min read · 21 January 2013
The firm has hired four professionals from Deutsche Bank’s Asia-Pacific distressed products group.
2 min read · 21 January 2013
US pension fund Maine PERS has called in outside help to invest the remaining 5 percent of its targeted allocation to real estate. According to reports, this could lead to expanding the pension fund’s investment horizon from core style investing to opportunistic.
1 min read · 21 January 2013
Swiss-Italian financier Marc Cottino is spearheading efforts at M&A Property Investors to source €100m for a private equity real estate fund to invest in Europe and North Africa.
2 min read · 21 January 2013
Ellis Short, who co- founded Dallas-based Lone Star with John Grayken, has increased his ownership in English Premier League soccer team Sunderland AFC to 100 percent. The investment comes as UAE entrepreneur Sulamain Al Fahim has a bid accepted to buy rival team Portsmouth FC.
2 min read · 21 January 2013
Boston-based Alcion Ventures has joined forces with development and property management company Golub & Company to target real estate debt and equity opportunities.
2 min read · 21 January 2013
The $29bn oil and gas endowment plans to allocate 18% to a new real assets category, including real estate, infrastructure and Treasury inflation-protected securities. The target allocation to real estate is expected to increase 2%.
2 min read · 21 January 2013
Blackstone, Carlyle, Centerbridge and WL Ross have joined forces with several co-investors – including UK charity The Wellcome Trust – to buy failed Florida-based BankUnited. The FDIC is currently evaluating 'the appropriate terms' to let more private equity firms acquire failed depository banks.
2 min read · 21 January 2013
South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.
1 min read · 21 January 2013
