September 2012 Issue
SPECIAL REPORT: Many happy returns
For public US pension plans, this has been the year of real estate. With a new fiscal year now begun for many, how long can real estate remain the best-performing asset class in the portfolio? PERE Magazine, September 2012 issue
SPECIAL REPORT: Intellectual capital
To the masses, Ivy League universities conjure up images of preppy students on neatly mowed lawns, but to private equity real estate firms they mean billions of dollars of potential investment capital. From their cerebral approach to their penchant for opportunistic investing, the opaque world of America’s most-esteemed university endowments continues to fascinate. PERE Magazine, September 2012 issue
SPECIAL REPORT: Greetings from Wuqing
Investors currently are looking towards China’s third-tier markets in order to achieve high returns, so PERE’s Jonathan Brasse visited a development site in such a market to discover how one Hong Kong-based firm is doing it. PERE Magazine September 2012 issue.
EUROZONE: And the hits keep coming…
There is a new regulatory danger to fund managers, and this time it concerns pension funds. By Robin Marriott. PERE September 2012 issue.
EUROPE NEWS: The Price was right
Over the summer, Palmer Capital took over two funds formerly run by Invista, netting clients of The Townsend Group a speedy profit. PERE Magazine September 2012 issue.
EDITOR'S LETTER: The long road
September 2012 issue
EUROPE NEWS: A lofty barometer
Patron is due to announce a final close for Fund IV, which would be the biggest fundraise in Europe this year. PERE Magazine, September 2012 issue.
EUROPE NEWS: Aggressive expansion
Kennedy Wilson’s recent purchase of a €361 million loan portfolio through its joint venture with Deutsche Bank has helped the Beverly Hills-based firm expand its footprint in Europe this year. PERE magazine September 2012 issue.
ASIAVIEW: Dissidents in the dark
The launch of Asia’s first secondaries trading platform last month has met with some disapproval from certain quarters, when actually it should be embraced. PERE Magazine September issue 2012.
ASIA NEWS: The next step
The trust company of Chinese insurance giant Ping An wants to grow ties with institutional capital. PERE Magazine September 2012 issue.
ASIA NEWS: Ready for take off
It has been more than two years since Apollo’s first Asia real estate fund was initially reported, but an SEC filing this July heralded its official launch. PERE Magazine September 2012 issue.
ASIA NEWS: Tailor-made for Thailand
Thailand’s THB556.5 billion Government Pension Fund has picked Townsend to help it invest globally after being impressed with the Cleveland firm’s ability to customise. PERE Magazine September 2012 issue.
AMERICAS: Trader or operator
As more private equity firms look to take advantage of the single-family rental opportunity, two very different investment strategies are emerging. PERE Magazine, September 2012 issue.
AMERICAS: Golden years
Fiscal year 2013 and beyond are poised to be huge for real estate commitments from public pensions, a number of which have outlined their plans. PERE Magazine, September 2012 issue.
AMERICAS: Don’t go chasing waterfalls
A new study from Landmark Partners notes the challenges inherent to waterfall provisions, but could these challenges actually distort incentives in a way that could be detrimental to the fund? PERE Magazine, September 2012 issue.
AMERICAS: Out of the ghetto
Katherine Giordano, Americas portfolio manager within Aberdeen’s multi-manager real estate division, tells PERE how her firm has bucked the trend in Lietz’s controversial ‘Pink Ghetto’ white paper and offers some possible suggestions for how real estate firms can foster a culture of gender equality. PERE Magazine, September 2012 issue.