SGAM Alternative Investments has expanded its Central and Eastern European buyout team as the firm looks to increase its use of leverage in the region.
2 min read · 12 January 2013
Participants at the 2007 PERE Forum in New York discussed the credit crunch and the outlook for US private equity real estate performance, but much of the talk centered on investor enthusiasm for emerging markets property.
2 min read · 12 January 2013
Cerberus is joining KKR, Goldman Sachs and JC Flowers to become the latest buyout firm to walk away from a megadeal agreed before the liquidity crisis.
2 min read · 12 January 2013
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
1 min read · 12 January 2013
New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.
1 min read · 12 January 2013
Dubai International Capital has jointly raised a $300 million infrastructure and energy fund with two other firms as the Middle Eastern investor continues at a frenetic pace.
2 min read · 12 January 2013
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
1 min read · 12 January 2013
Private equity icon Thomas H. Lee has said the credit crisis is ‘not a cash crisis’ but a crisis of confidence that will primarily affect the availability of debt financing for private equity deals valued at more than $1 billion.
2 min read · 12 January 2013
The principals of Chicago-based Walton Street Capital, the private equity real estate firm founded by JMB Realty head Neil Bluhm, has been investing in Mexico for more than a decade – the firm did its first property investment in the country in 1998. Walton Street's Mexico operations are headed up by Sandor Valner, who was formerly the chief executive officer of VALOR, a real estate merchant bank he founded in 2001. Prior to this, Valner had leadership roles with M&A advisor EMVA and Credit Suisse in Mexico. Walton is raising its sixth global fund, which has exposure to Mexico. In addition, the firm is raising a dedicated Latin America fund, with a target of $350 million and a majority allocation to Mexico. Between the two funds, Walton Street will have around $700 million to invest in the region, with 75 percent of the capital going to Mexico. Last year, the firm opened an office in Mexico. Valner took a few minutes to speak with PERE about the attractions of Mexican real estate.
4 min read · 12 January 2013
Sovereign wealth funds are becoming major forces in the global investment market thanks to surging oil revenues and swollen currency reserves. These national funds are set to have a big impact on private equity real estate. By Dave Keating
9 min read · 12 January 2013
