The real estate group has also sold its debt fund management and servicing arms to Andrew Farkas’ Island Capital Group for $110m as part of the reorganisation.
2 min read · 24 January 2013
Representative Sander Levin, a longtime advocate of taxing carried interest as ordinary income, has been appointed chairman of an influential US House of Representatives Committee.
1 min read · 24 January 2013
London-based Cardano has been appointed to provide asset allocation, management selection and other advisory services for all asset classes
1 min read · 24 January 2013
Steven Gorey has joined the New York-based firm as chief operating officer as it increasingly targets distressed US real estate.
1 min read · 24 January 2013
The Canadian pension reported above-benchmark returns for its investments in infrastructure and private equity last year, with 10.9% and 13.9% respectively. Real estate returned just 1.3% in 2009.
2 min read · 24 January 2013
The Canadian pension reported above-benchmark returns for its investments in private equity and infrastructure last year, with 13.9% and 10.9% respectively. Real estate returned just 1.3% in 2009.
2 min read · 24 January 2013
Poul Nyrup Rasmussen, head of the Party of European Socialists, argues why he sees private equity as a destructive force – and questions why LPs invest in such 'risky' products to begin with.
6 min read · 24 January 2013
PERE Awards 2009: Asia winners 2010-03-01 Jonathan Brasse <SPAN style="FONT-FAMILY: Verdana; FONT-SIZE: 11px"><STRONG>ASIA INDUSTRY FIGURE OF THE YEAR<BR> <BR> <SPAN style="COLOR: #c00000">1. ANDIE KANG, The National Pension Service of Korea </SPAN><BR>
9 min read · 24 January 2013
PERE recently spent a week in Dubai and Abu Dhabi gauging investment market sentiment after the economic crisis in the region at the end of 2009. Four real estate professionals of different disciplines offered their perspectives on development opportunities and the flow of capital in the region. PERE Magazine, March 2010 issue.
2 min read · 24 January 2013
Rapper Jay-Z’s real estate experiment results in a lawsuit against the lender, Highland Capital. PERE March 2010 issue
1 min read · 24 January 2013