The Cincinnati-based real estate investment firm secured commitments from nine investors for its fourth vehicle, PERE has learnt. The firm has also bought its first asset, a 170,000-sq. ft Target-anchored centre in Phoenix.
1 min read · 08 February 2013
The New York firm has raised an opportunity fund to acquire mortgage securities, structured products and other opportunities from the US mortgage market.
1 min read · 08 February 2013
The founder and chairman of the Dublin-based firm Quinlan Private is stepping down this month. He has been gradually withdrawing his day-to-day involvement with the firm for at least a year and has been investing his personal wealth in property deals.
2 min read · 08 February 2013
Tom Osborne and Henry Catry review the outlook for infrastructure financing amid the financial crisis.
7 min read · 08 February 2013
The Singapore-listed leisure investment firm and developer has held a final close on its Banyan Tree Indochina Hospitality Fund, short of its original $300m to $400m target. The vehicle's core asset will be the Laguna Hue resort development.
2 min read · 08 February 2013
Private equity firms would have to comply with tighter standards for capitalisation, hold periods and disclosure requirements if proposed rules from US banking regulator FDIC are approved.
2 min read · 08 February 2013
The listed debt investor has launched a fully underwritten rights issue and has raised €475m for its 2008 Recovery Fund.
2 min read · 08 February 2013
Limited partners should cast aside traditional categorisations of risk and re-think expected returns and fees, according to a white paper published by the placement agent. The paper also identifies 70 funds in the market for $100bn, of which 55 are first-time managers.
5 min read · 08 February 2013
As debate rages about private equity real estate fund-level and limited partner liquidity, there is one issue few are daring to contemplate – the liquidity of the GPs themselves. PERE July/August 2009.
5 min read · 08 February 2013
The private equity real estate shop set up by former Warburg Pincus executive Reuben Leibowitz and investment firm Real Estate Capital Partners paid $31 million for the affordable multifamily arm of MMA Financial.
2 min read · 08 February 2013