Kyle Campbell
Senior reporters from PERE, Infrastructure Investor and Agri Investor dig into the changes they expect from Biden and a Democrat-controlled Congress.
With its $5.9bn take-private offer, the Toronto-based manager is calling it quits on a public market that never embraced its flagship real estate vehicle.
The 25-year industry veteran will oversee the New York-based capital advisory's evolving global investor outreach program.
Backed by Democratic majorities in the House and Senate, the new president will be in the clear to raise taxes and pursue a progressive agenda.
The new hire brings a data-driven, analytical approach to the role, which will also focus on health and wellness initiatives.
The Toronto-based manager says private ownership of its flagship property business should allow it to grow. But the move could be described in defensive terms too.
More than half of the capital for the California firm’s latest vehicle came from the region, much of it from first-time investors.
The former Torchlight Investors partner has joined the real estate debt specialist as senior managing director and co-head of capital raising.
Park Madison Partners expects capital commitments to bounce back in 2021 but with a strong preference for certain strategies.
The advisory expects a surge in manager-led recaps to avoid forced sales or hang onto promising assets for a longer duration.