Robin Marriott
Pacific Investment Management, the US fixed-income behemoth with $1.82 trillion in assets under management, has acquired five British shopping centres for its BRAVO fund, in conjunction with NewRiver Retail.
The New York firm has closed Fortress Japan Opportunity Fund II (FJOF II) at its hard cap, and says the country will continue to provide heightended levels of deleveraging and non-core asset sales.
Dutch pension fund for civil servants says it is ‘very content’ to have settled its lawsuit of a year ago over the alleged misselling of residential mortgage-backed securities in 2006 and 2007.
Keith Breslauer, founder of Patron Capital, the London-based firm that has closed on the largest European opportunity fund this year, talks to Robin Marriott about life, family and business…and how he just can’t keep still. December 2012/January 2013 issue.
Fresh data has arrived confirming LPs no longer want to be controlled. By Robin Marriott. December 2012/January 2013 issue.
Spain has finally created a ‘bad bank’, which means the opportunity to buy property at big discounts is coming. December 2012/January 2013 issue.
Lloyds Banking Group has sold a portfolio of distressed property loans for £149m as interest in Ireland’s real estate increases.
The New York-based insurance giant is expanding into asset management on behalf of third parties. PERE Magazine, November 2012 issue
Walbrook Capital, a London private investment firm started by former Barclays Capital bankers, has acquired a minority stake in Ireland’s National Asset Management Agency from shareholder, Irish Life.
The market share of debt funds compared to all funds launched in terms of equity has risen from 15% in 2011 to 20% in the first three quarters of 2012, according to an independent investment advisory firm.