San Francisco-based Liquid Realty is targeting $800 million for its fifth vehicle. If successful the fund would be the largest-ever private equity real estate secondaries fund. PERE June 2009
The findings of a recent survey appear to strengthen the case for portfolio diversification
Business development company American Capital has defaulted on its debt, but Christopher Witkowsky finds it is battling hard to stave off bankruptcy
Swiss fund of funds manager Adveq recently demonstrated that succession planning and its execution needn't be a painful exercise
Experts presenting at the PEI Active Portfolio Management Forum in New York described sellers in the secondaries market reluctant to agree deals at steep discounts, and buyers waiting on the sidelines.
With LPs increasingly seeking safety amid quality, core real estate assets, Falcon Real Estate president Jack Miller said it’s essential for all sides to have an honest debate about the type of returns they can realistically expect from real estate in the coming years.
The New York-based real estate firm, which was originally targeting investments primarily in Latin America, is now targeting the US. The firm is also raising an agribusiness vehicle targeting agricultural land in Argentina, Brazil, Colombia and Uruguay.
The publicly listed alternative investment firm will sell Class A shares to repay a portion of its outstanding debt as well as generate working capital that may be used to fund GP contributions to Fortress funds.
Delegates at an emerging markets conference in Washington DC yesterday argued that emerging managers, now more than ever, have a responsibility to the communities in which they invest.
John Herbert, a former managing director of Merrill Lynch’s European property and hotel group, has joined the Italian firm as senior advisor of its €300m fund of funds.