Managers

In a paper sent to clients last month and seen by PERE, global firm RREEF Real Estate says history has shown that events, such as those currently seen in Europe, provide opportune moments to achieve outsized performance by investing in opportunistic investments.

Quilvest Private Equity’s parent, Quilvest Group, has agreed to management participating in the equity structure of the group for the first time as it begins raising its next generation of fund of funds, including a follow-up to its debut real estate vehicle.

The Dallas-based investment arm of the Trammell Crow Company has kicked off fundraising for its latest US value-added fund, seeking all asset classes of real estate.

A Luxembourg-domiciled company sponsored by Aerium and a Kuwaiti sovereign wealth fund has launched a debt fund to provide bridging loans for residential property transactions in high-end London locations.

The Florida-based real estate investment firm has gotten some traction on its second real estate fund, which will focus on opportunistic investments in the Southeast.

The estate of Icelandic bank Kaupthing, which crashed in 2008, has awarded a mandate to Internos Real Investors to manage €90m of real estate located in France.

In addition to naming a successor for its soon-to-be-retiring COO, the Parsippany, New Jersey-based real estate investment management firm has named heads for its global client services team and US business.

The former fund manager of GSREA II, a fund that struggled greatly in the financial downturn after the collapse of Lehman Brothers, has changed its name to Talmage and expanded its business model.

The Chicago-based real estate investment management firm has appointed Jon Zehner, formerly a senior director at AREA Property Partners, to a new role to help expand the global franchise.

Ranieri Real Estate Partners, the New York-based firm co-founded by Lewis Ranieri, has held a $158 million first close on its distressed debt vehicle targeting US commercial real estate opportunities.