Infrastructure investors active in the region can expect more club deals by banks and a resurgence of multilateral and export agencies as sources of liquidity, according to project finance lawyers at law firm Shearman & Sterling.
3 min read · 21 January 2013
A Senate bill sponsored by Chuck Grassley and Carl Levin would require all private funds to publicly disclose the identities of their LPs, as well as the value of assets under management, if the bill passes.
2 min read · 21 January 2013
The head of JC Flowers told a packed New York conference last week that he is bullish on US government-assisted bank bailouts, similar in risk profile to the landmark takeover of Japan’s Shinsei bank, which turned into one of the most lucrative private equity deals in history and solidified Flowers’ reputation as a financial-services wizard.
3 min read · 21 January 2013
The value-added real estate firm has promoted David Streicher to partner and appointed veteran Jennifer Levy as CFO with responsibility for accounting, tax and reporting.
1 min read · 21 January 2013
The use of unrealistic, aggressive assumptions in real estate acquisitions over the past few years is now posing a challenge for some GPs. PERE magazine February 2009 issue.
3 min read · 21 January 2013
Proposals to create a ‘bad bank’ to soak up the toxic assets clogging the US financial markets have been welcomed by real estate professionals. However, veterans of the RTC warn against simply ‘moving pieces round the board’.
2 min read · 21 January 2013
Fund managers say the private equity and real estate markets are entering a new paradigm, with fees one area set for potential change. Fees, one GP said, had gotten “out of hand”.
2 min read · 21 January 2013
As real estate values continue to fall, real estate investment managers admit they are struggling to meet the increasing demand for information. Investors want information on a ‘daily basis, not monthly or quarterly’, according to a new report.
1 min read · 21 January 2013
The Dutch bank, with €72bn of real estate assets under management globally, has also parted company with its chief executive after revealing a €1bn loss during 2008.
2 min read · 21 January 2013
LaSalle Investment Management is vying to replace Blackstone as Global Firm of the Year in the PERE Awards. You still have time to cast your votes for this and other 2008 Global PERE Awards categories.
2 min read · 21 January 2013
