February 2013 Issue


    Month: February
    Year: 2013

    Back to Print Editions

    Tangled in red tape

    Regulators gave the private equity and real estate fund industry something to worry about in 2012. More of the same is expected in 2013 and beyond. PERE Magazine, February 2013 issue.

    Waiting for Dodd-Frank

    The Volcker Rule and Form PF are about to impact the financial industry, but they may not make as much of an impact on the private real estate market. PERE Magazine, February 2013 issue.

    STATESIDE: Performance enhancer

    Increasingly, limited partners are asking fund managers not just for lower fees, but faster deployment of capital. Will general partners be able to deliver? PERE Magazine, February 2013 issue

    SPECIAL REPORT: MSREI’s path to compliance

    Morgan Stanley Real Estate Investing’s chief financial and operating officer Michael Levy walks PERE through the firm’s plan to deal with the only private equity real estate fund on its books that stands to contravene the impending Volcker Rule. PERE February 2013 issue.

    Getting off the back burner

    The deadlines to implement FATCA regulations have been delayed for another year, but that doesn’t mean private equity real estate firms should hold off on taking action. PERE Magazine, February 2013 issue.

    Shifting sands

    The bid to end the general solicitation ban continues to drag on, as the fate of a rule eliminating the prohibition hangs in limbo following a shakeup in leadership at the SEC. PERE Magazine, February 2013

    EUROZONE: Juiced up returns

    A report last month showed that opportunity funds in Europe underperformed value-added and core funds due to the use of leverage prior to 2009. With values bottoming, however, there is a case to be made to take on more debt. February 2013 issue.

    EUROPE NEWS: Highstreet turnaround

    Goldman and its investors could yet profit from a major retail investment in Germany that once looked dead and buried. February 2013 issue.

    EDITOR'S LETTER: Red tape

    February 2013 issue

    EUROPE NEWS: Home comforts

    Europe’s largest pension administrator likes the London rented residential sector so much it created a fund for it. February 2013 issue.

    EUROPE NEWS: Leasebacks make a comeback

    Quiet sale-leaseback market ‘re-opens’ as two deals arrive in quick succession. February 2013 issue.

    BLUEPRINT: Storm after the calm

    Blackstone’s Asia platform is ramping up its investing activities now that its deals are competing with the firm’s best. PERE Magazine February 2013 issue.

    ASIA VIEW: Slowly but surely

    LACERA’s backing of the Invesco Real Estate Asia Fund is a timely indicator that the worth of open-ended core real estate funds in Asia is slowly being understood. PERE Magazine February 2013 issue.

    ASIA NEWS: The missing ingredient

    Invesco’s launch of a pair of pan-Asia funds comes two years after the firm ramped up in the region with the purchase of AIG’s platform. PERE Magazine February 2013 issue.

    ASIA NEWS: Flying Fortress

    Stellar current returns, sparse competition and a mountain of problem debt in Japan has enabled Fortress Investment Group to raise Asia’s biggest private equity real estate fund of 2012. PERE Magazine February 2013 issue.

    AMERICAS NEWS: Takes one to know one

    One of the industry’s newest real estate emerging manager programs is being launched by an emerging manager itself. PERE Magazine, February 2013 issue

    AMERICAS NEWS: Learning curve

    The launch of two funds specializing in student housing is a sign that the industry may be smartening up to an oft-forgotten property sector. PERE Magazine, February 2013 issue

    AMERICAS NEWS: Expand and contrast

    State Street’s exit from the private real estate space offers Hunt an opportunity to expand. PERE Magazine, February 2013 issue

    AIFM ROUNDTABLE: Getting the house in order

    The forthcoming AIFM directive is about so much more than just compliance; it is about how to structure a fund management business in Europe. PERE Magazine, February 2013 issue.

    AMERICAS NEWS: A milestone offering

    New Jersey’s potential sale of $1 billion in real estate fund interests could be a ‘watershed event’ for the real estate secondaries market. PERE Magazine, February 2013 issue