Through an intricate web of deceit, MSREI’s Garth Peterson was able to circumvent the bank’s internal controls and break the law. In July, the US authorities will punish him for his crimes. PERE Magazine June 2012 issue.
With the compliance date for the Volcker rule postponed another two years and a slew of potential phase-in extensions, one must wonder just how much pressure there is for bank-sponsored real estate platforms to conform. PERE Magazine, June 2012 issue.
In the wake of a funding gap created by the retreat of traditional lenders, institutional investors are flocking to real estate debt strategies. Evelyn Lee charts the evolution of this discreet opportunity and assesses the debate over separate accounts versus funds. PERE Magazine, June 2012 issue
Thanks to a high degree of uncertainty swirling around Europe, the Greeks are not the only ones wondering what their future looks like. PERE Magazine June 2012 issue.
With approximately £100 billion of UK real estate that cannot be refinanced under current conditions, there are plenty of opportunities for the country’s private equity real estate players. However, as the roundtable participants reveal, the UK market isn’t as simple as that. PERE Magazine, June 2012 issue.
Portfolios of lease liabilities are expected to come to the market this year as private equity firms look to reduce risk and improve the efficiency of their portfolios companies. PERE magazine June 2012 issue.
Azerbaijan has a mandate to start investing in real estate for the first time. PERE Magazine June 2012 issue.
PERE Magazine June 2012 issue.
With one year to go until the Alternative Investment Fund Managers directive comes into force, experts are calling for limited partners to defend smaller managers. PERE magazine June 2012 issue.
Joe Azelby, a one-time professional American football player, has built JPMorgan’s core US real estate platform into a global real assets business with $60 billion under management. In an interview with PERE, he explains why he is a fan of diversity, why investors need to change their attitude towards allocation and why he ultimately is glad that his football career was short. By Robin Marriott. PERE Magazine June 2012 issue.
China Resources’ ambition to transform Harvest Capital Partners into a multi-sector fund manager has come with early challenges. PERE Magazine, June 2012 issue.
Views are split as to whether Tishman Speyer’s ‘watershed’ fundraising will precipitate a flurry of more international firms raising Chinese capital. PERE Magazine, June 2012 issue.
Winnington Capital has made senior appointments following the departure of CEO Eddie Wong last year as the firm looks to move beyond its issues. PERE Magazine, June 2012 issue.
Despite Steve LeBlanc’s departure from Texas Teachers this month, his successor for real estate said the ‘Texas Way’ will live on. PERE Magazine, June 2012 issue.
The universe of real estate emerging manager programmes is poised for expansion as three major investors take steps to promote women- and minority-owned firms. PERE Magazine, June 2012 issue
By acquiring real estate developer LCOR, the California State Teachers’ Retirement System is looking to avoid tight pricing for core assets by effectively building its own. PERE Magazine, June 2012 issue
Common to much of our coverage of events in China over the past month was a sense of victory for the establishment over the individual. PERE Magazine, June 2012 issue.