As some LPs actively seek to liquidate their real estate assets in the secondaries market, other more well capitalised limited partners are eyeing the sector as a potential investment opportunity. However with so much uncertainty in the market, the task of underwriting those positions is now much more daunting. PERE Magazine December 2008/January 2009 issue.
5 min read · 08 February 2013
The firm will also cut management fees across the board and has promised not to call more than 30% of LPs’ total commitment next year.
2 min read · 12 January 2013
Just $57bn was raised in value-added and opportunistic real estate vehicles in 2008 compared to $85bn in 2007. Asia, however, has become the investment destination of choice overtaking strategies focused on North and Latin America.
2 min read · 12 January 2013
Many global buyout firms may disappear over the next two to three years, according to a recent study that also found a large portion of debt in private equity-backed companies trading at distressed levels.
2 min read · 12 January 2013
As the real estate industry looks forward to 2009, PrivateEquityRealEstate.com looks back at the past 12 months and the most read stories of the year. Dreier founder, Marc Dreier, admitting to key aspects of a $113m scam was the number one story.
3 min read · 12 January 2013
Jonathan Mandel, who joined the bank's Hong Kong office this March, has been caught up in a round of redundancies.
1 min read · 12 January 2013
The Switzerland-based firm was targeting $1bn for its second Asia-focused ‘programme’, a series of vehicles which will invest in primary funds and secondary transactions and also partner on direct investments.
2 min read · 12 January 2013
Jonathan Mandel, who joined the bank's Hong Kong office this March, has been caught up in a round of redundancies.
1 min read · 12 January 2013
The listed Permira investor has taken a number of measures to boost liquidity, including reducing by £796m its original commitment to Permira’s fourth buyout fund.
2 min read · 12 January 2013
Matthew Rose, head of the second largest freight railroad in the US, also believes that private equity firms cannot provide a more attractive cost of capital to railroad assets once they buy them.
1 min read · 12 January 2013
