NEWS & ANALYSIS
Blackstone’s McCarthy: ‘Effectively the full fund is fresh dry powder’
The firm's global co-head of real estate says having $30bn of equity to deploy, at a time when debt is harder to get, is a ‘valuable asset.’
Palladitcheff: ‘If I didn’t solve these problems, someone else would have to’
In little more than three years of leading Ivanhoé Cambridge, Nathalie Palladitcheff has created a blueprint for success for the C$77bn investor and its C$400bn parent, Caisse de dépôt et placement du Québec. We spoke with her as she received PERE’s Lifetime Achievement Award.
Blackstone’s Meghji: ‘When someone calls with $4bn of capital, you answer the phone’
The US endowment's commitment into the manager’s BREIT fund announced last week is a 'win-win' for both sides and an absolute 'home run’ thanks to the extra liquidity and flexibility it provides, Nadeem Meghji, Blackstone’s head of real estate Americas, told PERE.
TPG, Angelo Gordon can remain two separate parts of a whole
There are multiple reasons against the two firms’ real estate businesses consolidating after their merger closes later this year.
Banks are in a better place but we are not out of the woods
Banking fortunes are again connected to those of real estate, but any suffering should not be worse during the global financial crisis, suggests Tony Brown, global head of M&G Real Estate.
Historic opportunity for some, snag in the road for others
Real estate debt fundraising is soaring, as per PERE’s 2023 ranking of the 50 largest credit fundraisers. But the firms wielding the most firepower these days will surprise you.