The New York-based private equity and real estate giant also said that Europe would be a major target for real estate opportunities in 2012.
3 min read · 17 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 17 January 2013
The New York-based advisory firm has offered its view on several trends concerning the private equity real estate industry, including pricing assumptions on some recent transactions.
3 min read · 17 January 2013
Mark Roberts, RREEF Real Estate's global head of research, and Simon Durkin, the firm's head of European research, met PERE in London to discuss the firm’s paper, The Case for European Opportunistic Investing.
6 min read · 17 January 2013
In a paper sent to clients last month and seen by PERE, global firm RREEF Real Estate says history has shown that events, such as those currently seen in Europe, provide opportune moments to achieve outsized performance by investing in opportunistic investments.
3 min read · 17 January 2013
The former fund manager of GSREA II, a fund that struggled greatly in the financial downturn after the collapse of Lehman Brothers, has changed its name to Talmage and expanded its business model.
3 min read · 17 January 2013
Ranieri Real Estate Partners, the New York-based firm co-founded by Lewis Ranieri, has held a $158 million first close on its distressed debt vehicle targeting US commercial real estate opportunities.
1 min read · 17 January 2013
The New York-based developer’s Real Estate Recovery Fund has found itself oversubscribed. In addition, the vehicle already has invested $200 million in distressed assets and loans for failed development deals.
3 min read · 17 January 2013
The hiring of Steve Smith, formerly of Westbrook Partners, is part of the Dallas-based firm’s plans to ramp up its fundraising efforts.
2 min read · 17 January 2013
The New York-based firm continues to make strong inroads into its capital raising exploits for its second Japan focused fund. Townsend was one of the investors in its first closing.
2 min read · 17 January 2013
