US legislators want regulators to determine if certain structures encourage undue risk taking at finanical firms with more than $1bn in assets.
3 min read · 21 January 2013
The filing for Chapter 11 this week of Station Casinos could have a damaging impact on the public perception of the private equity real estate industry, argues Zoe Hughes
2 min read · 21 January 2013
The Pension Benefit Guarantee Corporation (PBGC) has revoked lucrative private equity and real estate advisory contracts with BlackRock, Goldman Sachs and JPMorgan after concluding that the former head of the federal corporation may have acted inappropriately before and during the bidding process.
3 min read · 21 January 2013
Placement agents have formed a loose coalition in the US, as the SEC considers barring state pensions from interacting with them.
4 min read · 21 January 2013
Trilyn managing director Mark Antoncic has warned limited partners to band together and be assertive when trying to preserve their investments. In some cases, this could involve replacing the GP.
2 min read · 21 January 2013
The Singaporean sovereign wealth fund is considering joint investments with ‘sophisticated co-investors’ for the first time and may eventually do the same for retail investors.
2 min read · 21 January 2013
The pension's former real estate head, Michael Latimer, takes the CIO reins as OMERS prepares to manage third-party money as well as a multi-billion co-investment fund for institutional LPs.
2 min read · 21 January 2013
After much publicity over its debt-load, the Colony Capital-backed casino operator has filed for bankruptcy protection to help it restructure its debt load. The filing relates only to the parent company and not the casino properties. Colony said the decision was not 'taken lightly'.
3 min read · 21 January 2013
The co-founder of Dune Real Estate, Daniel Neidich, takes the helm as chairman of the Real Estate Roundtable. The lobby group is currently pressing for changes governing REMICs and foreign investment in US real estate to help ease the liquidity crisis gripping the industry.
2 min read · 21 January 2013
The firm has thrown out the classic 2-and-20, charging LPs 15% carry and up to 1.5% for management fees
2 min read · 21 January 2013
