With twice as much deal activity taking place in the Asia Pacific region as anywhere else in the world, investors are keeping a close eye on transaction volumes as an indicator of what may be in store for Asia and its real estate markets. PERE Asia Supplement, December 2010/January 2011 issue
6 min read · 24 January 2013
The European Market Infrastructure Regulation (EMIR) is Brussels’ attempt to regulate OTC derivatives trading activities by financial entities. We can fret about AIFMD but, if rational minds don’t prevail, we may actually have to do something about EMIR. By Marc Mogull, founder of Benson Elliot Capital Management
3 min read · 24 January 2013
Experts warn that a new European regulation could force opportunity and other leveraged real estate funds to post cash collateral against their interest rate hedges and potentially even lead to large cash calls upon their limited partners
3 min read · 24 January 2013
Events in China’s economy increasingly are rivalling those in the US, according to this year’s roundtable participants. Still, they are more preoccupied with how the investor community at large is eyeing their industry. PERE Magazine December/January 2010/2011 issue.
10 min read · 24 January 2013
As LPs shy away from commingled funds, an increasing number of GPs are tailoring their investment vehicles to suit investor needs. For Guy Jaquier and AMB Capital Partners, that’s always been par for the course.
10 min read · 24 January 2013
The Australian Tax Office has finally ruled on an issue which arose following a dispute with TPG over taxes payable on the returns from the IPO of Myer Group in October 2009.
2 min read · 24 January 2013
Dirk Große Wördemann has joined Wiesbaden-based bank Aareal Bank as a member of its management board. He was most recently at Pacific Star Europe which was wound up in October.
2 min read · 24 January 2013
The real estate policy announced on Sunday by China’s government has been interpreted by many as a clamp-down on international commercial property investors. However, much has been lost in translation, PERE sources say. By Jonathan Brasse.
2 min read · 24 January 2013
It has been reported that China’s State Administration of Foreign Exchange has allowed the Shanghai government to greenlight the conversion of $3bn into RMB for investment into private equity funds. Whether this money will be treated as local capital still remains unclear.
3 min read · 24 January 2013
The New York-based firm will manage more than $2bn of equity positions, after LPs in Bank of America Merrill Lynch’s ill-fated Asian Real Estate Opportunities Fund agreed a $650m settlement following non-fiduciary actions by the bank.
2 min read · 24 January 2013