San Diego-based Pacifica Equity Partners looks to distressed residential deals and senior housing in US sunbelt states.
2 min read · 12 January 2013
Voting has begun for the 2008 Global PERE Awards. Which firm and deal will be the most notable of 2008 – and who will be industry figure of the year?
2 min read · 12 January 2013
In a worrying sign for a major LBO deal, the semiconductor company, bought out by a constortium of private equity investors for $17.6bn two years ago, has chosen to service a portion of its debt through in-kind securities in order to preserve cash.
2 min read · 12 January 2013
Former REIT veterans Robert Solmson and Ed Ansbro have teamed up Georgica Advisors founder Richard Reiss to launch private equity real estate firm, Fairwood Capital. The first fund will target hospitality in US metropolitan areas.
1 min read · 12 January 2013
The next year will challenge the private equity industry, in terms of returns and on the regulatory front, writes Andrew Lebus.
3 min read · 12 January 2013
The largest telephone carrier in Hawaii cited a heavy debt load, increased competition and market turmoil as reasons to seek protection under Chapter 11 while it restructures its business.
2 min read · 12 January 2013
The German fund manager says it is reviewing its planned purchase of the Mall of Sofia shopping centre from GE Real Estate and Quinlan Private, in light of the deteriorating financial crisis. Degi says it is vital to recheck all the financial details again.
1 min read · 12 January 2013
Voting has begun in the third annual Global PERE Awards. Which people, firms, funds and deals stood out in 2008? Cast your nominations now in the only industry awards that are voted on entirely by the participants in the private equity real estate market.
2 min read · 12 January 2013
A new survey shows that MAC clause terms are becoming more buyer friendly amid the slower deal flow
1 min read · 12 January 2013
As unfunded commitments are looking harder to meet, the Euronext-listed fund of funds is receiving increased calls from its managers of distressed funds.
2 min read · 12 January 2013
