News & Analysis

Benson Elliot Capital Management 2008-06-01 Staff Writer <strong>Firm:</strong>Benson Elliot Capital Management<strong>Headquarters:</strong>London<strong>Founded:</strong>2005<strong>Key team members:</strong> Marc Mogull <strong>Funds:</strong>Ben

Having grown GE Real Estate into one of the largest property investors in the world, Michael Pralle is now ready for what he calls a more entrepreneurial endeavor – growing JER Partners into one of the largest property investors in the world. Pralle says he will do this by putting JER teams on the ground in emerging markets and by building an in-house capital-raising ‘machine.’ By Zoe Hughes

The legendary Raffles Hotel in Singapore, purchased in 2005 by Colony Capital, has been sold for a reported 3x profit. By Dave Keating

The Hong Kong firm has held an initial closing on a $100 million Cambodia fund.

Lie, the former Asia CEO for ING Real Estate, will head up Redevco's new office in Hong Kong.

Rather than being the mild contributor to growth the government had hoped, housing in Japan has become one of the nation's biggest liabilities, with a glut of unsold homes building up. By Dave Keating

An offer by the US private equity firm to inject equity into homebuilder, Barratt Developments, has been spurned, according to reports.

Former Kirkland and Ellis partner Raymond McKeeve speaks to PERE about joining the property investment firm of entrepreneur Robert Tchenguiz.

Russian public property group PIK is taking advantage of demand for Russian real estate by establishing a $1 billion private equity real estate fund.

Widespread job losses, downgraded economic growth prospects, consumer bills rising – it sounds like the perfect time to launch a UK recovery fund. But will there be enough opportunity for all? By Robin Marriott