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
The New York-based private equity real estate secondaries firm has entered into its first student housing deal with the 80% equity interest purchase of two assets for $30m.
1 min read · 27 June 2011
Josh Cleveland has joined Clairvue Capital Partners as the firm starts to target real estate secondaries as well as recapitalisations.
2 min read · 20 June 2011
The $113bn pension has issued a request for proposal for a firm to run a sale of private equity and possibly real estate fund interests on the secondaries market. Proposals are due 21 June.
2 min read · 31 May 2011
James Sunday has been named partner at the Simsbury, Connecticut-based group, while Ira Shaw has been promoted to vice president.
1 min read · 03 March 2011