Jonathan Brasse
The London-listed property services firm’s slated merger with France’s BNP Paribas has fallen apart. Its chairman and chief executive blame the collapse on the wider financial issues in the Eurozone.
The Dallas-based private equity firm has beaten a slew of rivals, including Blackstone, to buy the largest sub- and nonperforming loan portfolio to hit the market since the start of the global financial crisis. PERE Magazine, September 2011 issue
Fortress Investment Group is getting its hands dirty salvaging value from a real estate opportunity with an estimated value of $2 trillion. Through its credit business, the firm believes it has the right team and resources for the job. PERE Magazine September issue 2011.
Traditionally cautious and subject to ‘hyper-management’ control, Korea’s much- coveted investor base is becoming increasingly more flexible and braver when it comes to buying in the US. PERE Magazine September 2011 issue.
The Dallas-based private equity real estate giant prevails alongside Wells Fargo and JPMorgan Chase & Co with winning bids for the 248-strong US real estate loans portfolio.
Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
Wesley Edens, Robert Kauffman, Peter Briger, Randal Nardone and Michael Novogratzhave have entered into new five-year contracts as Fortress reported ‘off expectations’ second quarter results.
Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
Wesley Edens, Robert Kauffman, Peter Briger, Randal Nardone and Michael Novogratzhave have entered into new five-year contracts as Fortress reported ‘off expectations’ second quarter results.
Fortress principals Wesley Edens, Peter Briger, Robert Kauffman, Randal Nardone and Michael Novogratz have entered into new five-year contracts with the New York alternative investment house, effective January 1, 2012. Their extended employments were announced as Fortress reported ‘off expectations’ second quarter results.