John Kukral, who was fundamental in building Blackstone’s real estate arm, will target US distressed real estate companies and assets with his debut fund, Northwood Real Estate Partners I. The fund is an evergreen vehicle.
2 min read · 22 January 2013
The US public pension looks to alternatives to drive returns, plowing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
The Washington-based private equity real estate firm has launched a debt financing vehicle to provide up to $1bn to struggling development projects in the US. It will focus on property developments with a total capitalization of between $20m and $75m.
1 min read · 22 January 2013
The pension fund has made commitments to five private equity and real estate funds, including $15m to the Arden Group’s $125m distressed real estate fund targeting the US and the Caribbean.
2 min read · 22 January 2013
The Asia-focused private equity firm has partnered with a Mainland China developer part-owned by Sam Zell’s Equity International to build a residential development in Huzhou.
2 min read · 22 January 2013
LaSalle Investment Management acquires three office properties in Germany as the firm continues to expand its presence in Europe. It recently opened an office in Milan and created a special situations team in Europe.
1 min read · 22 January 2013
Starwood Capital’s latest global real estate fund has received $100m in commitments from two US pension funds, including New Mexico’s $13bn scheme and the $15.8bn Louisiana Teachers fund. New Mexico also committed a further $65m to private equity and real estate funds.
1 min read · 22 January 2013
The long-time KKR loyalist will be the first public pension to invest in a “dedicated separate account” managed by KKR Fixed Income. The commitment dwarfs previous Oregon commitments to KKR’s buyout funds.
2 min read · 22 January 2013
With the credit crunch showing no signs of easing, REITs globally are looking increasingly stressed.
2 min read · 22 January 2013
The Nordic special situations firm has seen an opportunity in a Swedish farmer-owned retailer, Granngården, which sells to pet lovers, householders and farmers. Granngården has 106 stores and 20 independent dealers in Sweden.
1 min read · 22 January 2013
