Evelyn Lee
BVK has forged a partnership with the private markets investment firm to diversify its property portfolio.
The business, backed by Silverpeak and Capstone Equities, will focus on real estate secondaries opportunities in direct assets and open-end funds.
The private equity giant took a different exit route in splitting from its indirect real estate platform than other sub-scale businesses in recent years.
The hire will help to lead investments in Europe while the private markets firm also plans to step up deployment in Asia.
The bank’s real assets asset management arm has completed the recapitalisation of Avanath Capital Management’s 2010-vintage fund.
Colony Capital is understood to be mulling the sale of its remaining real estate fund interests.
Greenhill's Bill Thompson has joined the firm's PCA group as co-chief executive alongside Nigel Dawn.
The London-based retail real estate manager’s sale of a six-property portfolio will allow investors in its Pradera European Retail Fund 2 to fully exit the vehicle.
This is the first secondaries fund the firm's real estate unit has raised since it acquired the Clairvue Capital Partners team in 2014.
Scott Landress also must pay a $1.25m penalty to settle charges that he improperly withdrew fees from two real estate secondaries funds.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: