Peter Benson
With liquidity set to tighten further as banks continue to retrench, alternatives lenders are seeing opportunities across the spectrum.
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.’
Asset management professionals saw higher growth in total compensation relative to their peers last year. It’s likely part of a longer-term trend.
Remuneration growth is muted as the world tackles inflation, according to Sousou Partners, the executive search firm which partners with PERE for an annual pay report.
The firm expects family offices and high-net-worth individuals to make up a higher percentage of Fund II’s capital than with its predecessor.
A Credit Suisse and Trinity Investments JV is betting on a rebound in business travel in taking over the Diplomat Beach Resort.
SVB and Signature, along with troubled bank First Republic, had been major sources of financing for many real estate managers.
The Salem-based investor is working towards its longer-term plan to allocate to more non-core strategies.
The Boston-based manager raised dedicated capital from institutions including Texas Permanent School Fund.
The Boston-based manager has garnered a $100m commitment from the New Mexico State Investment Council for its 10th fund in the series.