May 2012 Issue

Although a small minority of industry insiders fear that eased restrictions on marketing rules for commingled funds will lead to Wild West-style lawlessness in the private equity real estate sector, many believe that it marks a trail to a new—and more transparent—world. PERE Magazine May 2012 issue.

News surfaced last month of AIG Global Real Estate’s ambition to become an active player again, initially via direct investments in the US. PERE Magazine May 2012 issue.

The spring cleaning mantra of ‘Out with the old, in with the new’ very much describes this year’s PERE 30 ranking.

Placement agent Spearhead Capital Partners is winding up operations next month following clashes over the firm’s strategy between its senior executives. As they plot separate futures, the three factions face serious industry headwinds in making it on their own. PERE Magazine May 2012 issue.

Three major secondaries players explain their approach to the sensitive issue of discounts when negotiating with sellers of private fund interests. PERE Magazine, May 2012 issue

The success of Patron Capital and TPG in taking over Uni-Invest following Europe’s first CMBS to default upon legal maturity could be a blueprint for the future. PERE Magazine, May 2012 issue

GIC makes a rare publicised play by investing in a £200 million special situations fund managed by Orchard Street Investment Management. PERE Magazine, May 2012 issue

Composition Capital, the Amsterdam- and Hong Kong-based firm that so far has raised four fund of funds for Europe and Asia, is moving away from the model of fund investing in favor of joint ventures for its upcoming funds. PERE Magazine, May 2012 issue

Paul Whight, founder of European retail specialist Pradera, said the firm is launching two new vehicles, both of them structured as club funds or single mandates. PERE Magazine, May 2012 issue

PERE Magazine, May 2012 issue.

Since its inception, Normandy Real Estate Partners has specialised in unconventional investments outside the scope of most players. Now, however, the Morristown, New Jersey-based firm is seeing its niche specialty become the mainstream. PERE Magazine, May 2012 issue.

Even with all the musical chairs at China’s sovereign wealth fund, the feeling within its Beijing headquarters is that continuity is back on the cards. PERE Magazine May 2012 issue.

Russell Platt, CEO of Forum Partners, tells PERE why its purchase of a small Australian funds management platform is nonetheless strategically important. PERE Magazine May 2012 issue.

Gaw Capital Partners maintains a focus on China, but there’s growing willpower at the Hong Kong-based firm to increase its exposure to Southeast Asia. PERE Magazine May 2012 issue.

The asset manager’s real estate multi-manager business has raised almost as much co-investment capital as it has commitments for its latest Asia fund. PERE Magazine May 2012 issue.

AllianceBernstein’s debut real estate fund required more time – and more air miles – than the firm originally anticipated. PERE Magazine, May 2012 issue.

Brookfield is bundling its opportunistic and other real estate assets in a separate listed company to try to boost fee income and reduce the capital it has invested. PERE Magazine, May 2012 issue.

Private equity real estate firms can thank the US’ need to stimulate jobs and economic growth for the loosening of restrictions applying to the marketing of funds. PERE Magazine, May 2012 issue.

Last month’s IPO by Oaktree Capital Management offered a chance to glean more information about the real estate operation of the Los Angeles-based private equity firm, which was started by Howard Marks in 1995. PERE Magazine, May 2012 issue