The Los Angeles-based private equity real estate firm, famed for its opportunistic plays, is expanding into new areas. The move is being spearheaded by Colony president Richard Saltzman, the man credited with creating the first real estate opportunity fund and the modern-day REIT.
The Los Angeles-based private equity real estate firm, famed for its opportunistic plays, is expanding into new areas. The move is being spearheaded by Colony president Richard Saltzman, the man credited with creating the first real estate opportunity fund and the modern-day REIT.
Despite the credit crunch, the global office markets are still on an “upward trend,” according to a report by real estate services firm, Colliers International. The emerging markets continued to record strong growth in the sector.
Goldman Sachs' Whitehall platform has become among the most dominant players in global property investment, raising billions and executing deals in an inimitable Goldman fashion. The firm is so opaque that even its own PPMs contain no fund-level performance data. Investors who sign on as limited partners gain access to the immense Whitehall footprint, but pay what many view to be a dizzying array of fees for the privilege. PERE goes inside an enviable franchise that its rivals have at times called ‘The Evil Empire.’ By Robin Marriott and Zoe Hughes
At a recent Senate hearing, the Australian private equity industry was given the all-clear by key financial regulators.
Time to regroup 2008-09-01 Staff Writer <quotation><italic>Private equity, in Australia and elsewhere, may be headed for an involuntary break, but in the long-term, a period of taking stock could be healthy.</italic><br /><br /></quotation>At press time, fists were flying
Continued keen interest in Asian private equity on the part of institutional investors has kept fund of funds managers very busy. But as economic growth weakens and capital deployment slows, the future holds some interesting challenges. Siddharth Poddar reports.
The Middle Eastern private equity boom is certain to continue, according to a new survey.
Institutional investors are ramping up their commitments to distressed debt funds, but which asset class they fit into becomes complex when those commitments end up in credit vehicles raised by traditional buyout firms, according to CalSTRS CIO Chris Ailman.
The beleaguered Australian infrastructure specialist is reviewing Babcock & Brown Capital, a move that follows its purchase of another satellite fund’s management rights and highlights the difficulties the satellite fund model has faced in the wake of the global credit crisis.