The former CIO of Morgan Stanley AIP’s real estate fund of funds business has formed Candlewood Investments to specialise in secondaries and co-investments.
2 min read · 30 November 2012
The Zug-based private markets investment firm described in its latest research how it is placing its current real estate investing emphasis on investments in debt and secondaries, both direct and indirect, as it avoids a “herding mentality”.
2 min read · 21 August 2012
Chicago-based property services giant Jones Lang LaSalle has created a secondaries trading platform for Asia-Pacific private real estate funds by way of a monthly bulletin. The first batch of investments to hit the market was sent out last Friday and was valued at $250 million.
3 min read · 02 August 2012
The Swiss group is currently highlighting real estate secondaries, senior debt and preferred equity investments in its investment thesis as it more than doubles the size of its last vehicle in a global series.
2 min read · 20 June 2012
PropertyMatch, a European secondaries trading platform for units in unlisted real estate funds part-owned by CBRE, says it traded more than €270m in the first quarter of the year, beating last year’s corresponding period by 240 percent.
2 min read · 10 April 2012
The San Francisco-based firm, which once raised the largest-ever real estate secondaries fund, has ceased efforts to market its fifth vehicle as it considers options for a shift in strategy.
2 min read · 03 April 2012
Banks and other financial institutions were the most active sellers of fund interests last year, according to the latest findings from Landmark Partners.
2 min read · 07 March 2012
The bank’s Strategic Partners group has closed its fifth secondaries fund at a time of intense activity on the market from banks and public pensions selling chunks of their private equity holdings.
3 min read · 15 February 2012
The Swiss-based private markets investment firm says discounts to net asset values improved from the buyer’s perspective for secondary real estate portfolios towards the end of last year.
3 min read · 25 January 2012
The San Francisco-based firm has purchased a $25 million commitment to Buchanan Street Partners’ fifth fund, the $400 million Buchanan Fund V, in its first secondary acquisition since the start of the global financial crisis.
2 min read · 17 October 2011