Nakheel, the real estate company owned by troubled Dubai real estate and ports conglomerate, Dubai World, has appointed a new board in a latest effort to restructure the business.
2 min read · 24 January 2013
Sheikh Ahmed bin Zayed Al Nahayan, managing director of the Abu Dhabi Investment Authority, has reportedly gone missing after a glider he was in crashed in Morocco on Friday.
2 min read · 24 January 2013
A pilot scheme would allow the conversion of up to 50% of an RMB fund from foreign currency, removing a huge hurdle facing foreign investors seeking access to China's private equity market.
3 min read · 24 January 2013
Last week, PERE reserved one morning amid a frantic schedule at the MIPIM property show in Cannes to lay on breakfast for winners of the 2009 PERE Awards. Here is what our co-host at Freshfields Bruckhaus Deringer had to say.
2 min read · 24 January 2013
The two firms cited changes to the tax status of carried interest and the possibility of having to register with the SEC as investment advisors as threats to their businesses.
2 min read · 24 January 2013
The Chinese government has prohibited real estate development by state-owned business for which real estate is not their core business. The move was welcomed by the private equity real estate sector.
2 min read · 24 January 2013
A recent bill introduced by US Senator Christopher Dodd maintains SEC registration exemptions for private equity and venture capital funds.
2 min read · 24 January 2013
Against a recent fad of country- and sector-specific funds, Glenn Uren, managing director at New York-based Franklin Templeton Real Estate Advisors, underlines the importance of pan-continent real estate investment funds in Asia.
2 min read · 24 January 2013
A recent bill introduced by US banking committee chairman Christopher Dodd maintains previous SEC registration exemptions by the Senate for private equity and venture capital funds, but could also lead to multiple state regulator oversight for smaller firms.
2 min read · 24 January 2013
A debate by ministers over stringent regulations for EU fund managers was temporarily cancelled following interventions by the UK Prime Minister Gordon Brown.
4 min read · 24 January 2013