Sentinel Capital Funding will provide financing for US developers. Oaktree has partnered with Integral Communities principals Eugene Rosenfeld and Craig Manchester.
1 min read · 08 February 2013
A side-by-side comparison of the House and Senate draft legislation for the regulation of US private investment funds, by Nathan Greene and Jesse Kanach of law firm Shearman & Sterling.
3 min read · 08 February 2013
Dirk Leasure will head a team of investment bankers who are preparing for a 'substantial increase' in private equity transactions next year.
1 min read · 08 February 2013
Dirk Leasure, who previously worked with financial sponsors for Goldman Sachs, will head a team of investment bankers who specialise in private equity transactions.
1 min read · 08 February 2013
From the golden age to the age of pragmatism: private equity is an industry with evolving strategic priorities. PEI looks at how tastes have altered in five key respects.
10 min read · 08 February 2013
Under a pre-agreed reorganisation plan, Macquarie will receive a gift of 2% equity in Express Energy Services once it reemerges from bankruptcy. The $627m deal in which Macquarie and its partners bought 65% of the Texas-based company closed in July 2008, when oil prices stood at a historic high.
3 min read · 08 February 2013
Management of the NYSE-listed Macquarie Infrastructure Company now say their attempt to sell struggling Parking Company of America won’t conclude until next year. The sale will likely be completed alongside a bankruptcy filing.
2 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
The latest sentiment survey from the US real estate lobby group, the Real Estate Roundtable, finds that confidence is rising in the industry – but there is still a ‘grim sense of reality’.
3 min read · 08 February 2013
The current real estate crisis will be worse than the RTC of the 1990s, but a recovery will not gain ‘traction’ until late 2011 or 2012, according to the latest economic trends report from ULI and PricewaterhouseCoopers.
2 min read · 08 February 2013