Goldman Sachs Asset Management related stories
All articles and analysis
Apollo Global forms RE opportunity teamNew York-based Apollo Global Management has assembled a core group of real estate professionals from Barclays Capital, Goldman Sachs and the forerunner to AREA Property Partners to help spearhead future investments as the firm readies itself to raise an opportunistic private equity real estate fund later this year.
- Lone Star to rescue failed J-REIT
The US investment fund has reportedly outbid Goldman Sachs and Oaktree Capital Management for the chance to rescue Japanese real estate investment trust, New City Residence Investment Corp.
- Pacific Holdings files for bankruptcy
The debt-ladened operator of two J-REITS has filed for bankruptcy and will delist from the Tokyo Stock Exchange after failing to raise ¥47 billion in capital.
- Crocker leaves Atlantic-Pacific for RREEF
The veteran fundraiser, who spent time in Citi’s placement business and Credit Suisse’s fund of funds group, has joined the bank's RREEF alternative investments group.
- Federal Reserve, FDIC approve Volcker rule
The FDIC’s board voted unanimously to seek comments on the proposal through 13 January. The Federal Reserve also stated it would accept feedback by that date.
- Market timing
Despite the poor stock performance of its private equity rivals, the time may be ripe for Carlyle to go public.
- Anglo Irish $9.65bn loan book attracts multiple bids
The Blackstone Group, Centerbridge Capital Partners, Lone Star Funds, TPG Capital, Lubert-Adler Partners, Cerberus Capital Management and Colony Capital are among the bidders to have met the 9 August first bids deadline.
- CalSTRS issues support letter to ‘under attack’ CalPERS staff
As California’s Fair Political Practices Commission investigates 49 CalPERS investment staff for gift reporting, CalSTRS officials, including Mike DiRe, have personally signed a letter saying they ‘stand by and support’ their counterparts.
- Brookfield hires new capital raiser
Former Prudential Real Estate Investors executive Robert Bilse has been appointed vice president of Brookfield’s private funds group, based in New York, supporting capital raising and marketing activities.
- Richard Powers to leave Goldman Sachs' REPIA
The co-head of Goldman Sachs’ Real Estate Principal Investment Area in the Americas will be leaving the bank at the end of March. Edward Siskind will relocate from London to New York and continue to head up the global business.