The veteran real estate investor has reportedly launched a $625m credit fund to target distressed real estate securities. The vehicle, Zell Credit Opportunity Fund, has raised $125m to date, according to regulatory filings.
2 min read · 08 February 2013
Charter Hall, the Australian property fund manager established in 1991, is meeting investors’ concerns by giving them greater control over its freshly-launched Charter Hall Special Situations Office fund.
2 min read · 08 February 2013
The next era for the private equity industry will see leading firms focusing on enhanced client services and shoring up investments and their investor base, rather than pursuing new mega-deals, says Jack Klinck, executive vice president and global head for State Street Alternative Investment Solutions.
6 min read · 08 February 2013
The Korean buyout firm has acquired a 30.7% stake in BC Card and is looking to acquire a controlling stake in the company by the end of the year.
2 min read · 08 February 2013
HarbourVest Partners, the Boston-based mainstay of private equity, has witnessed some major ups and downs in almost three decades of involvement in the asset class. Brooks Zug (above), Martha Vorlicek (right) and John Toomey (above right) met with Christopher Witkowsky to explain the firm's philosophy, its views on terms and conditions, and its belief that a scaled-down industry means scaled-up returns
10 min read · 08 February 2013
The world this month 2009-09-01 Staff Writer <strong>PLACEMENT BAN PROPOSED</strong><br> The US Securities and Exchange Commission has unveiled proposed rules that would, among other restrictions, ban private equity firms from hiring placement agents to raise money from public pensions. Th
5 min read · 08 February 2013
Indications are that African risk continues to be overrated and experienced investors will be able to lock in superior risk-adjusted returns. By Alasdair Maclay
8 min read · 08 February 2013
Africa has an enormous need for infrastructure projects. But investors say deals still take too long to get off the ground, and too long to complete – and it’s not the credit crunch they blame. Philip Borel reports.
6 min read · 08 February 2013
The London-based property fund manager is reportedly targeting the British real estate market with its UK Value Fund. The firm has raised £90m to date.
1 min read · 08 February 2013
The $123.8bn California pension plan took a 50% write-down in its value-added/opportunistic real estate investments in the year to 31 March 2009. The pension has completely written off its equity in some funds, while others are currently reporting IRRs of more than -100%.
2 min read · 08 February 2013
