Robin Marriott
Mark Antoncic is teaming up with Chip Lauckhardt, chief executive of Tuckerman Group, to advise lenders and investors on troubled real estate assets. PERE Magazine, February 2009 issue
Britain says that the original plan to infuse the battered banking industry has proved to be insufficient. Among new schemes is a £50bn fund enabling the Bank of England to buy up troubled financial assets such as syndicated loans.
The UK has unveiled new measures to help its battered banking industry, but BVCA chief Simon Walker cautions 'while a host of private equity investors stand ready' to rescue ailing companies, they can only do so if the banks actually get lending.
The Italian alternatives firm – one of Southern Europe’s earliest international private equity fund of funds operators – has hired Seth Lieberman to head up its new global real estate platform.
BC Partners has admitted that the acquisition in June 2007 of UK estate agent Foxtons was the “wrong call”. The firm gave a press conference yesterday to clear the air after months of speculation about the ill health of their recently acquired asset.
The New York-based alternative asset manager is expanding its partnership as it expands its core strategies.
Jon Halpern, head of real estate at New York-based alternative asset manager Marathon Asset Management, is among five professionals to be made partner.
Research suggests 2001 was the optimum year for opportunity real estate funds to succeed. GPs expect 2009 and 2010 could become the next golden era. PERE Magazine December 2008/January 2009
Jeffrey Schwartz, chief executive and chairman of the global logistics firm, resigned today. The Denver-based company, which manages a series of institutional property funds, is cutting jobs and costs as well as halting new developments in the face of a serious downturn.
The volume of real estate sales has increased this year as corporates struggle to access traditional sources of capital, according to a property report. Real estate services firm Jones Lang LaSalle says in its latest Global Real Estate Capital Report that 'sale and leaseback' transactions should reach $34bn by the end of the year.