Distressed real estate investors in China have continually been disappointed by the government's stilted progress in selling off non-performing loans. Yet with China's entrance to the WTO looming, a concerted push to reform the country's banking system is underway—opportunities for NPL investors may soon follow. By Jack Rodman*
8 min read · 12 January 2013
For the past thirteen years, Apollo senior partner Lee Neibart has helped build a real estate portfolio that extends from the five boroughs of New York City to the far-flung capitals of Eastern Europe. In his office high above Columbus Circle, Neibart recently sat down with PERE to talk about the evolution of Apollo, the significance of the Time Warner Center and his passion for politics. By Paul Fruchbom
10 min read · 12 January 2013
A recent distressed deal takes advantage of a little-used foreclosure method. By Aaron Lovell.
2 min read · 12 January 2013
InterMedia Advisors, the private equity partnership established by long-time media executive Leo Hindery Jr., has held an interim close on its inaugural fund, a $1.5bn targeted vehicle.
2 min read · 12 January 2013
Investcorp has agreed to take France-based parts distributor Autodistribution off the hands of Goldman Sachs, which gained control of the company after it went into receivership.
2 min read · 12 January 2013
The Sydney-based private equity firm has made a second bid to take control of Wattyl.
2 min read · 12 January 2013
As private equity firms increasingly invest in businesses with valuable real estate assets, the sale-leaseback is becoming an increasingly handy—and popular—financing tool. By Aaron Lovell
8 min read · 12 January 2013
For the past 40 years, Sam Zell has been one of the biggest and most successful players in the US real estate market. Always opinionated, never boring, Zell recently sat down with PERE to discuss his views on the global real estate market, his unconventional holiday gifts and why he likes Libya and Brazil. By Paul Fruchbom
10 min read · 12 January 2013
Investors in private equity funds should be happy about financial engineering but for two facts: everybody's doing it, and it's headed for a dry spell. David Snow reports.
9 min read · 12 January 2013
The men behind Phillips-Van Heusen and Staples are raising a fund.
4 min read · 12 January 2013
