September 2010 Issue

A group of US pension funds have backed a recapitalisation plan for Stockbridge Real Estate’s $1 billion Fund II. In providing rescue capital, are LPs helping kick-start a turnaround today or postponing inherent problems for tomorrow? PERE magazine September 2010 issue

The legendary buyout firm TPG is going into property. Robin Marriott examines how the firm famed for deals such as Continental Airlines, is becoming a new force in private equity real estate. PERE Magazine September 2010 issue

A recent study suggests 43 percent of private equity GPs think incentives have never been greater to spin out – but in reality it is not that easy. PERE Magazine September 2010 issue

Roger Orf becomes head of real estate in Europe for Apollo Global Management – a role he effectively performed for Apollo in the 1990s. But this is no retro-move. PERE Magazine September 2010 issue

The $300 billion sovereign wealth fund has set up an advisory board to play ‘devil’s advocate’ on investments In these days of risk control, it is unsurprising that a large European sovereign wealth fund has just set up an advisory board to vet property investments. PERE Magazine September 2010

Cash-strapped Italy turns the spotlight on the taxation of real estate funds as it seeks to crawl out of a €24bn fiscal hole. PERE Magazine September 2010 issue

Germany’s recent easing of protectionist policies is helping foreign firms set up KAG vehicles to tap domestic investors. PERE Magazine September 2010 issue

Aetos managing director Scott Kelley quit Morgan Stanley to join mentor and MSREF founder Jim Allwin at start-up Aetos Capital days before 9/11 brought the market to its knees. A born survivor, Kelley and Aetos responded to the resultant market stasis with outperformance. But, after the latest global economic downturn delivered its knocks and following the untimely death of Allwin, a repeat of prior glories is needed. Kelley talks Jonathan Brasse through his views on the past present and future. PERE Magazine September 2010 issue

Why the agreement between Bank of America Merrill Lynch and Blackstone to merge its Asia operations is the best outcome for the bank’s LPs. PERE magazine September 2010 issue

US alteratives firm Fortress has bought a controlling position in Japan’s biggest private equity real estate firm, daVinci Holdings. PERE magazine September 2010 issue

The National Pension Service of Korea is sticking with third party capital managers despite the wider trend by sovereign wealth funds to go it alone. PERE magazine September 2010 issue

Pramerica's joint venture with Abu Dhabi’s Mubadala is about more than luring petro-dollars. PERE magazine September 2010 issue

Asia Pacific Land and Du Val Group are ready for first-time fund launches. PERE magazine September 2010 issue

CIC eyes secondaries as it continues its expansion trail. PERE magazine September 2010 issue

DLJ Real Estate is set to be spun out of Credit Suisse, 10 years after being taken over by the Swiss bank. PERE magazine September 2010 issue

Allstate Investments plans to double its real estate exposure over the next three years and is targeting housing tax credits that offer opportunistic returns for bond-like risk. PERE magazine September 2010 issue

In their first interview since leaving Credit Suisse in April, William Thompson, Pamela Wright, Walter Stackler and Fredrik Elwing explain the strategy for Greenhill & Co’s fledgling advisory and placement business. PERE magazine September 2010 issue

Executive search firm Sousou Partners shares with PERE a comprehensive pay scale for the private equity real estate industry which points to a general recovery in compensation levels. But rejuvenating pay doesn’t necessarily equal a buoyant jobs market as Jonathan Brasse discovers. PERE magazine September 2010 issue