Managers

The European team in charge of Bank of America Merrill Lynch’s European private equity real estate platform has bought out its GP interests and has launched new shop, Peakside Capital.

The $34bn public pension plan admits it is ‘not at all optimistic’ about the short-term future of real estate equity deals as it looks to separate accounts targeting new debt originations with LTVs of between 50% and 75%.

The directive – which could drastically impact non-EU managers – is in final stages of negotiations, according to the EU's markets commissioner.

The $27.4bn endowment will keep eyeing secondaries sales and acquisitions, after reporting a 2.7% real estate loss in the past year. Real estate, though, would be one of the 'most interesting' opportunities over the next few years.

The listed US company is raising capital from German-speaking investors for its Tactical UK fund.

In restructuring the leadership of the Atlanta-based development and investment firm, the founders of Portman Holdings have promoted Baisiwala to CEO and Richard Jones to COO.

Mollie Lau, AIG Real Estate’s former primary deal-sourcer in Asia, is among three people hired by UK-based Invista Real Estate Investment Management to bolster its new Asia business

An analysis of performance by European real estate funds suggests a minority brought down returns as well as brought the industry into disrepute

The New York-based platform, led by Joseph Azrach, has appointed Mikulich to run its North America property operations. Mikulich, who starts Monday, joins Grant Kelley and Roger Orf as one of Apollo's three regional heads.

The country has lifted restrictions on domestic insurance companies, paving the way to potentially billions of dollars-worth of investment in property and real estate funds