With approximately £100 billion of UK real estate that cannot be refinanced under current conditions, there are plenty of opportunities for the country’s private equity real estate players. However, as the roundtable participants reveal, the UK market isn’t as simple as that. PERE Magazine, June 2012 issue.
10 min read · 15 January 2013
Joe Azelby, a one-time professional American football player, has built JPMorgan’s core US real estate platform into a global real assets business with $60 billion under management. In an interview with PERE, he explains why he is a fan of diversity, why investors need to change their attitude towards allocation and why he ultimately is glad that his football career was short. By Robin Marriott. PERE Magazine June 2012 issue.
10 min read · 15 January 2013
The New York-based investment firm has acquired 52 industrial properties in Florida, Georgia, Tennessee, Texas and Virginia on behalf of its $1 billion value-added DRA Growth and Income Fund VII.
1 min read · 15 January 2013
Recent US Securities and Exchange Commission filings indicate the firm, led by Glenn August (pictured) has raised $770m as it shoots for a newly-increased $1bn target.
2 min read · 14 January 2013
The business lobbying organisation is calling on the UK to credit-enhance greenfield projects, introduce tax incentives, pool pension resources, curtail Solvency II and encourage banks and institutional investors to come up with a shared funding model.
2 min read · 15 January 2013
CVC Asia Pacific’s control-oriented strategy initially led it to Australia and Japan. But as the firm struggles in those buyout markets, quiet deals are emerging in Southeast Asia as well as Greater China. Sigit Prasetya, head of Southeast Asia for the firm, discusses a strategy shift in Asia with Drew Wilson
7 min read · 14 January 2013
James Jenkins, who has worked for Lehman Brothers and Credit Suisse, has joined Global Infrastructure Partners as a managing director in charge of investor relations. He will help shore up GIP’s second infrastructure fund.
2 min read · 15 January 2013
The Canada Pension Plan Investment Board is now the biggest pension fund in Canada with C$161bn. Its infrastructure investment paid off handsomely, returning 12.8%.
2 min read · 15 January 2013
The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 15 January 2013
The $12.78bn retirement system has invested $100m across five funds since its February meetings.
2 min read · 14 January 2013