Managers

Patron Capital has teamed up with London-based Revetas Capital Advisers to advise on buying distressed assets in Central and Eastern Europe or assets in Western Europe controlled by local CEE banks. Revetas is also raising a €250m fund, it revealed.

The Atlanta-based firm has raised 20% of its second co-investment vehicle’s target. Through the fund, it plans to be a minority partner in JV acquisitions.

The $12 billion pension system has agreed to contribute $35 million to Rockwood Capital Real Estate Partners IX.

The Sunshine State has made its second real estate commitment of 2012 to the Boston-based private equity real estate firm’s current opportunistic fund – part of a larger push to invest up to $1 billion in real estate over the next three years.

Aviva Investors and Secured Capital Investment Management have revealed details of a second close for their Tokyo Recovery Fund vehicle.

The New York-based developer and fund manager is said to be using a placement agent for the first time to help raise capital for its US real estate fund.

The San Diego-based distressed loan specialist has closed on nearly $58 million in commitments for its third commingled vehicle, which is targeting distressed loans and properties in the western US. In addition, the firm already is gearing up to launch Fund IV.

The Los Angeles-based investment management firm’s investment in 400 South Hope Street is the latest acquisition on behalf of its $750 million CBRE Strategic Partners US Value VI fund.

ImmoFinRE Group has held a final close of ImmoFinRE II and has already made nine investments so far in funds targeting Latin America, China, Macau, India, Canada and Turkey.

The US regulator will meet 22 August to ‘consider rules’ eliminating the ban on general solicitations of securities offerings, which has long prevented GPs from widely announcing their fundraisings.