Robin Marriott
Fundraising activity and deals are ‘skewing away’ from core and core-plus to higher-returning strategies, attendees of the PERE panel heard.
Upheaval in its senior ranks is unlikely to stop the California asset management giant's ongoing foray into private equity real estate.
The company's current chief investment officer Rob Wilkinson is promoted to CEO to replace Christian Delaire who is joining Generali
The European property arm of Ares Management, formerly called Area Property Partners, has bought a portfolio of 1,692 residential units via the insolvency of a former affiliate of BGP Investment as it looks to assemble a large platform of German housing assets.
A secondary trade in Europe is made public as a London-based firm reveals it has boosted its exposure to European property by taking over what is believed to be Bank of America Merrill Lynch's LP position in the Bosphorous fund.
The two firms are buying the property investment management platform of Cushman & Wakefield as they bid to grow a global platform that now has $20 billion AUM.
The California-based firm that has been snapping up investments in Europe, is reportedly aiming to raise £750 million on the London Stock Exchange to acquire more opportunistic assets.
Up to five departures at M3 Capital Partners have occurred amid a sharpened focus on its growing principal investment area and greater selectivity when it comes to fundraising mandates.
Martin Kandrac, who has worked at Blackstone for 12 years, has joined Mount Kellett in London where the group now has a 6-strong real estate team.
There is stark evidence that capital is being concentrated with just a handful of managers as data reveals that one-third of all capital raised in 2013 was placed with just 10 funds.