Sonny Kalsi, John Carrafiell and Fred Schmidt, a trio of former Morgan Stanley real estate investing heads, form new property firm GreenOak Real Estate with $110m of backing from Dutch listed company, Tetragon. The firm has formed ahead of an expected surge in distressed loan disposals, fire sales, and MBS workouts.
2 min read · 05 January 2013
Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
2 min read · 05 January 2013
Westbrook Partners emerged on Tuesday as a white knight for a respected London-based property company with good assets but in need of assistance.
4 min read · 05 January 2013
How Ireland’s recent woes caused US private equity firm TPG and UK partner Green Property to walk away from a €120 million property deal
2 min read · 05 January 2013
TPG, formerly known as the Texas Pacific Group, is making a push into real estate using its latest private equity funds – TPG Partners V and the gargantuan TPG Partners VI, which raised $18.8 billion in 2008.
1 min read · 05 January 2013
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
9 min read · 05 January 2013
Washington DC-based Carlyle has reportedly offered around £440m to buy the ‘Thames Portfolio’ of properties linked to the problematic 2007 White Tower CMBS
1 min read · 05 January 2013
As the deadline for bids on ING Real Estate Investment Management passes, a private equity firm and a REIT appear to be the primary suitors. PERE Magazine, December 2010/ January 2011 issue
2 min read · 05 January 2013
Norway Government Pension Fund Global’s debut purchase in London capped a busy few months for similar government-backed investors buying in Europe’s major cities. PERE Magazine, December 2010, January 2011 issue.
3 min read · 05 January 2013
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
3 min read · 05 January 2013