James Comtois

Ex-Brookfield agent Paul Tam will lead activities out of San Francisco for the global placement firm, which has also made a new-hire in London.

The president and CEO of the Canadian pension giant argued for the need for long-term thinking when investing in real estate, as well as other alternative assets, in an address to the Canadian Australian Chamber of Commerce.

The president and CEO of the Canadian pension giant argued for the need for long-term thinking when investing in real estate, as well as other alternative assets, in an address to the Canadian Australian Chamber of Commerce.

The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35% of the commingled vehicle already is invested.

After concluding a strategic review of its businesses, the German bank will hold onto its real estate and infrastructure arm. The decision could help unlock some €500m of capital for its second infrastructure fund.

The New York-based private equity firm has raised its first real estate vehicle in more than 20 years to target distressed real estate.

The Chicago firm has raised $650m for its latest vehicle, which will focus on real estate companies in emerging and frontier markets.

The Los Angeles-based investment management firm has retroactively cut fees charged to the Treasury under the $29.4bn Public-Private Investment Program after investing just 16% of the capital committed to its fund.

The Chicago-based firm co-founded by Sam Zell and Gary Garrabrant concludes its investment in São Paulo-based homebuilder Gafisa, leaving the firm the only Brazilian company listed on the New York Stock Exchange.

The Denver-based hospitality private equity firm has held a final closing on its third fund, significantly exceeding its original target.