Respondents to a recent survey also said sovereign funds’ long-term strategy makes them more appealing than other LPs.
2 min read · 22 January 2013
Private equity real estate firms globally raised $40bn during the first half of 2008, according to proprietary data from PERE magazine. This tally puts GPs on course to raise more than the record-breaking totals of last year. During the first six months of 2007, private equity real estate firms raised $30bn in capital.
2 min read · 22 January 2013
Canada has the most transparent commercial real estate market in the world but Dubai, Romania, Ukraine and Russia show the biggest improvement in transparency levels over the past two years, according to a report from Jones Lang LaSalle.
2 min read · 22 January 2013
The Saudi petrochemical conglomerate has continued its push into property, establishing a joint venture with Singapore investor Yusof Wahid to invest in East Asian property.
1 min read · 22 January 2013
The $82bn Washington State Investment Board, known for its bullish stance on alternatives, had a minus two percent first quarter return on its private equity portfolio, while real estate underperformed against its benchmark. Executive Director Joseph Dear says ‘we’re in this asset class to stay’.
2 min read · 22 January 2013
One year after Knight Frank’s Rutley Capital Partners launched a £101m East Africa fund, another UK-based firm, Integreated Property Investments, is planning a property fund for the region.
2 min read · 22 January 2013
The bill, which would more than double federal taxes on carried interest, faces an uphill battle in the Senate.
2 min read · 22 January 2013
The mega-buyout firm has revealed its private equity real estate business returned $1.3 billion to investors last year from 38 exits.
3 min read · 22 January 2013
The asset management division of Aviva has hired two asset managers to join the firm’s UK Retail Property Funds team.
1 min read · 22 January 2013
As political scrutiny of private equity intensifies in Europe, EVCA has appointed Jonathan Russell, buyout chief of FTSE 100-listed 3i, to its chair this year. The executive is accustomed to the glare of the public spotlight.
2 min read · 22 January 2013
