News & Analysis

How a New York multifamily complex became a middle class utopia and a battlefield. PERE magazine December 2009-January 2010 issue

The rules governing foreign private equity investment into China are notoriously strict. However, the arrival in June of the Shanghai Pudong New Area policy indicates some barriers are coming down. Hubert Tse reviews the new policy and the improving prospects for foreign private equity firms in China.

There has been little clarity to the US real estate markets in the past year, however things have started to change. At the recent Urban Land Institute conference in San Francisco, PERE assembled a cross-section of industry professionals to gauge their thoughts on the state of the market and the future for private equity real estate. PERE magazine December 2009-January 2010 issue.

Charles Valdes, a CalPERS board member, received illegal campaign donations, some from affiliates of Alfred Villalobos, head of placement agency ARVCO.

Marathon Asset Management recently held a first close reportedly on $400m for PPIP, leaving Oaktree as the last firm to reach the benchmark.

Although the recent listings of Myer Group and Kathmandu Holdings are signs the IPO market is opening up in Australia, they give mixed signals to the private equity industry.

Jeffrey Rosen and Michael Diz of Debevoise & Plimpton discuss the valuation and negotiation of purchase price adjustments.

The CDC Group, Asian Development Bank and Norfund are among a group of LPs who want to ensure ‘the next generation of emerging market private equity funds are raised on terms that reflect the principles’.

Christina Pamberg has left the firm after four years as head of European IR and fundraising, while ex-Goldman exec Alex Fletcher has joined KKR's European client and partner group.

Warnings in 2006 that Dubai would be a property disaster just like Texas in the 1970s have proved prescient. But few expect quick opportunistic deals to come out of the stricken emirate today. By Robin Marriott