Many panelists at PERE’s first Japan forum extolled the virtues of investing in Japan, but one highlighted Europe’s opportunities while another made the case for India.
2 min read · 17 January 2013
Sam Zell has taken over as interim chief executive officer of the US private equity real estate firm while it seeks out a successor.
3 min read · 17 January 2013
The New York-based real estate investment firm has held a first close for its $1 billion opportunistic debt fund, collecting commitments from investors that include the Contra Costa County Employees’ Retirement Association and the South Carolina Retirement System.
2 min read · 17 January 2013
Fund managers and placement agents taking Patron Capital’s fundraising success as an omen for their own future success may need their heads examined.
3 min read · 17 January 2013
Speaking on the opening day of the annual AFIRE conference, the global head of Blackstone's real estate group said the firm's success comes down to a simple strategy of team continuity and buying at a discount. In the US, a lack of new construction was giving the firm even greater confidence in the asset class.
2 min read · 17 January 2013
The London-based private equity real estate firm has raised the largest opportunistic real estate fund for Europe so far this year.
2 min read · 17 January 2013
The Greenwich, Connecticut-based firm is expected to round out its latest distressed opportunity fund at close to $3 billion by the end of 2012, near the high end of its original target range.
2 min read · 17 January 2013
Martin Lamb switches from advisor to principal in a bid to capitalise on distressed debt and other opportunistic investments in Florida and other parts of southwest US.
2 min read · 17 January 2013
AXA Real Estate, the Paris-based firm with €42bn under management, is expeected to announce the appointment of a former Morgan Stanley veteran as a replacement to Antoine Jozan who is retiring from full-time work after 12 years with the company.
2 min read · 17 January 2013
The $152.1 billion pension system has closed on five follow-on real estate investments including commitments to opportunistic funds of Fortress and PCCP.
2 min read · 17 January 2013