Most of the legacy real estate fund businesses sponsored by financial institutions have disappeared from this year’s PERE 30 ranking, while strategic shifts and large older vintage funds do not bode well for the remaining bank-sponsored platforms.
3 min read · 15 January 2013
Fusion Capital, led by chairman Phil Goodwin, has a flexible mandate that allows for broad changes in strategy to accommodate the fluid marketplace.
3 min read · 14 January 2013
Lloyds Bank has promoted six professionals in four of its European offices, including former senior director Mark Craig, now a managing director in London.
2 min read · 14 January 2013
The firm's initial public offering debuted at $22 per share, below its low-end expectation of $23 per share. The firm raised $671m in the offering.
2 min read · 14 January 2013
CVC boosts its senior ranks with two heavyweight recruits – debt banker Stephen Hickey, formerly of Goldman Sachs, and former PAI senior partner Bertrand Meunier. Oliver Smiddy reports
3 min read · 14 January 2013
The new US JOBS Act could make it easier for GPs to attract new investors – or it could change very little. Sam Sutton reports
3 min read · 14 January 2013
Unrealistic price demands continue to stymie dealflow on both sides of the Atlantic – but diversification can help the industry to keep attracting capital, according to a panel of top GPs at the Milken Institute Global Conference.
2 min read · 14 January 2013
The prospect of the first Socialist president for 24 years, coupled with continuing uncertainty over the fate of the euro, has led to a marked slowdown in French private equity, writes Oliver Smiddy.
7 min read · 14 January 2013
After a three-year battle, the former investment banking giant has finalised its plans to obtain ownership of 14 California residential development sites from developer SunCal.
2 min read · 14 January 2013
Last month’s IPO by Oaktree Capital Management offered a chance to glean more information about the real estate operation of the Los Angeles-based private equity firm, which was started by Howard Marks in 1995. PERE Magazine, May 2012 issue
7 min read · 14 January 2013
