To the delight of GPs, India's regulators have unveiled a comprehensive framework for the country's alternative assets industry. New regulation will require all alternative investment funds, which includes real estate, to register with the Securities and Exchange Board of India.
2 min read · 17 January 2013
Luxembourg’s Minister of Finance aims to have legislation in place by the end of the year to make the popular fund domicile compliant with the AIFM Directive. The legislation will also contain financial instruments to entice more business to the country.
2 min read · 17 January 2013
There are real concerns that the incoming Alternative Investment Fund Managers (AIFM) Directive will lead to the loss of a generation of smaller fund managers.
3 min read · 17 January 2013
The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 17 January 2013
Some LPs are seeing the value of a broader real asset allocation, but that doesn’t mean real estate necessarily will suffer as a result.
3 min read · 17 January 2013
The C$161.6 billion pension plan made a number of sizable real estate investments during its fiscal year, including its largest real estate investment ever.
1 min read · 17 January 2013
Luxembourg, a popular fund domicile for GPs worldwide, has signed a double tax treaty with Germany that could introduce withholding tax on hybrid debt instruments used to help acquire German targets.
2 min read · 17 January 2013
First quarter results published by newly-public Oaktree Capital Management reveal that it closed its latest real estate opportunity fund on $1.3 billion in commitments and has just launched its next real estate fund with a target of at least $1.5 billion.
3 min read · 17 January 2013
The founder of one of the largest US real estate accounting firms, which ultimately merged with Ernst & Young, passed away in his Los Angeles home on 8 May.
2 min read · 17 January 2013
The firm's initial public offering debuted at $22 per share, below its low-end expectation of $23 per share. The firm raised $671 million in the offering.
2 min read · 17 January 2013
