Poul Nyrup Rasmussen, a driving force behind Europe’s Alternative Investment Fund Managers directive and the former prime minister of Denmark, rejects criticism the AIFM regulations were drawn up to quickly and questions why LPs invest in ‘risky’ alternative funds in the first place. Interviewed by Toby Mitchenall. PERE March 2010 issue
3 min read · 24 January 2013
Blackstone is plotting its entrance into the UK retail banking sector.
2 min read · 24 January 2013
An unsolicited bid to buy bankrupt REIT General Growth Properties for $10bn by rival mall operator Simon Properties could prompt a bidding war, possibly including Brookfield and Blackstone. PERE March 2010 issue
2 min read · 24 January 2013
The country’s Ministry of Finance sets rules governing how the sovereign wealth fund will invest 5% of its portfolio in real estate. The fund can target unlisted funds but mainly in developed markets.
3 min read · 24 January 2013
Brookfield Asset Management has been named global firm of the year in the PERE Awards 2009. Normandy Real Estate Partners, Partners Group and MGPA have taken the titles in North America, Europe and Asia. Here we present a full list of the winners.
4 min read · 24 January 2013
The Georgia Department of Transportation has issued a request for qualifications for ‘West by Northwest’, a highway project aimed at easing congestion in the Metro Atlanta area. It is the first project being procured under a PPP bill signed into law last year.
2 min read · 24 January 2013
Improved access to the estimated $1tr Shariah-compliant pool of capital in the MENA region may spur more firms to switch to Islamic private equity funds.
2 min read · 24 January 2013
In an exclusive interview, Poul Nyrup Rasmussen, president of the Party of European Socialists and ‘bogeyman’ to the private equity industry recently told Toby Mitchenall why he still sees the asset class as a destructive force.
6 min read · 24 January 2013
A new course will train real estate professionals in workouts and turnaround situations. PERE March 2010 issue
2 min read · 24 January 2013
Marco Ho, chief financial officer of Citi Property Investor in Asia, becomes the latest senior executive to leave the business as the sale by Citigroup continues to drag on.
2 min read · 24 January 2013