The unravelling of US real estate lender Capmark Financial Group continues with the sale of its Japanese loan servicing division to Elliott Management for $38 million.
1 min read · 21 January 2013
UK appeals court says the decision to force airport operator BAA to sell three of its seven UK airports was affected by 'apparent bias', but stops short of saying if it won’t have to sell more airports.
2 min read · 21 January 2013
Which firms and deals are going to top our annual reader poll for 2009? You tell us.
2 min read · 21 January 2013
Many large institutional investors will look to separate accounts, rather than commingled funds in 2010. That decision could not only be short-sighted, but also leave them tied to second-tier managers. By Zoe Hughes
3 min read · 21 January 2013
Industry participants are raising red flags over the pension giant's decision to sponsor legislation that would require placement agents to register as lobbyists and ban success fees.
3 min read · 21 January 2013
The Swiss alternative asset management firm is making structural changes to its business, to come into force on 1 January, 2010. As part of this process, its private real estate business will be separated from its private capital department, reporting directly to the firm’s executive board.
1 min read · 21 January 2013
A proposed rule in California would turn placement agents into lobbyists. It’s yet another challenge to the definition of what a placement agent is.
3 min read · 21 January 2013
Andreas Lenz becomes finance manager for Cordea’s German Retail Fund. He will be responsible for overseeing the finance, debt and accounting functions for the vehicle and will also lead the finance team based in Munich.
1 min read · 21 January 2013
Limited partners urged to start serious discussions with GPs about portfolio and asset valuations, as institutional investors attempt to choose tomorrow’s winners.
3 min read · 21 January 2013
The two real estate investors have reached an interim agreement to reduce some January and February rents at the 80-acre multifamily complex.
2 min read · 21 January 2013
