Dan Teper has been hired by RBC Capital Markets to help expand the bank’s US real estate investment banking group. Teper was previously managing director at Bank of America Merrill Lynch.
1 min read · 08 February 2013
The BDC, which has been in default on $2.4bn in debt for months, has a preliminary deal with lenders to push back maturities on its debt to 2013.
3 min read · 08 February 2013
Fundraising by Australian private equity funds plummeted to A$1.54bn in the year ending June 2009, although total investment value registered a slight increase.
2 min read · 08 February 2013
Four veterans of the Asia real estate market gather in Singapore to compare notes. For the third year, PERE organised a roundtable discussion about the Asia real estate investment opportunity, this time in Singapore’s iconic Raffles Hotel. Our four Asia old-hands spoke optimistically about the forward fundamentals of many Asian countries, but voiced caution about the fragility in the west. PERE November issue.
10 min read · 08 February 2013
Forum Partners, an otherwise low-profile firm that provides growth capital to property companies, made headlines when it acquired the real estate securities platform from Citi. PERE spoke with chief executive Russell Platt about how that deal got done, Forum’s runway to growth and his early days in the bull pen with John Grayken. By Robin Marriott
10 min read · 08 February 2013
PERE’s Zoe Hughes interviewed the co-founder of Equity Group Investments, Sam Zell, at the 4th Annual Kirkland & Ellis Real Estate Private Equity Symposium in New York. Zell warned against irrationally exuberant grave dancing in the current market. PERE November issue.
5 min read · 08 February 2013
There are many parties at the table in CMBS workout situations. It is still far from clear who the winners will be, if any. PERE November issue.
8 min read · 08 February 2013
Campbell Lutyens has brokered a secondary restructuring transaction of Swiss-listed APEN, formerly known as AIG Private Equity.
2 min read · 08 February 2013
The Australian sovereign wealth fund's exposure to private equity grew 520% year-over-year.
2 min read · 08 February 2013
With a turnaround investment, communications are more sensitive than ever – between the increased number of stakeholders typically involved, and the fluidity of the situation, the potential for missteps is great. PEI spoke with several private equity principals and independent communications professionals on what GPs should do to stay in the clear.
8 min read · 08 February 2013