Lehman Brothers Private Equity Partners, which is unaffiliated with the collapsed investment bank, saw its losses for the year nearly double during the month of October.
1 min read · 22 January 2013
The New York-based private equity firm said it is waiting for real estate valuations to decline further before beginning to invest the capital. However, Blackstone’s real estate portfolio has been written down by 10% owing to the market turmoil.
2 min read · 22 January 2013
The Chicago-based US property investment manager is reportedly planning to pick up bargain properties in the UK, with an expected close scheduled for the first quarter of next year.
1 min read · 22 January 2013
While fund managers have been busy raising distressed property vehicles, the bitter pill to swallow is that some LPs are unable to allocate equity to such funds at the moment, according to research by a prominent private equity real estate expert.
2 min read · 22 January 2013
The private equity real estate firm – which last year took on former CalPERS Real Estate head Mike McCook as advisor – has resolved an argument with the activist shareholder of its publicly-listed fund. Trikona says opportunities in Indian real estate are to be found in ‘deep value’ not distress.
2 min read · 22 January 2013
$57bn raised to date 2008-11-01 Staff Writer Global fundsBlackstone Real Estate Partners VIThe Blackstone GroupNew YorkGlobal diversifedFinalN/A$900Apr-08Equity International Fund IVEquity International PropertiesChicagoGlobal diversifedFinalN/A$500Feb-08Lehman Brothers Real Estate Partners IIILehman Brother
3 min read · 22 January 2013
For the past 15 years, Pierre Vaquier has toiled for the property arm of French insurer and asset manager AXA. But it is only since 2007 that he has been in charge. PERE recently caught up with the chief executive of AXA Real Estate Investment Managers, with its €43 billion of assets, staff of 500 and dizzying array of property funds, to hear about how Vaquier plans to further grow an already sizeable organisation. By Robin Marriott
5 min read · 22 January 2013
Equity International is known for its investments in emerging markets. However, distress caused by the credit market dislocation is now prompting the Chicago-based firm to seriously consider investments in mature markets, such as Japan, for the first time. By Zoe Hughes
3 min read · 22 January 2013
At the same time that top jobs disappear at large investment banks and property lenders, private equity real estate firms are turning to the sector for talented dealmakers.
6 min read · 22 January 2013
The owner of struggling car giant Chrysler has plunged into another risky sector: US residential property.
4 min read · 22 January 2013
