Zoe Hughes
Speaking at the PERE Forum: Europe 2008 in London Tuesday, Perella Weinberg Partners’ Leon Bressler says Europe’s core markets offer some of the best returns for private equity real estate firms but warns that larger organizations will face increased pressure from newcomers to the field.
The number of property transactions fell by 46 percent in the first quarter of 2008 compared to the same time last year, with deals in the Americas down by two-thirds. Asia was the only part of the world to see an increase.
The number of property transactions fell by 46 percent in the first quarter of 2008 compared to the same time last year, with deals in the Americas down by two-thirds. Asia was the only part of the world to see an increase.
The US public service union, the Service Employees International Union, has launched an international initiative to change tax laws it asserts unfairly benefit private equity firms.
The US public service union, the Service Employees International Union, has launched an international initiative to change tax laws it asserts unfairly benefit private equity firms.
The US public service union, the Service Employees International Union, has launched an international initiative to change tax laws it asserts unfairly benefit private equity firms.
The $34bn Pennsylvania State Employees’ Retirement System commits to six private equity debt and technology funds, as it reveals investments are down 4 percent in the first quarter of 2008.
The fund management arm of the British property group, owned by the Duke of Westminster, is set to make its first investment from its Grosvenor Residential Investment Partners fund, which closed last year on $100m.
The fund management arm of the British property group, owned by the Duke of Westminster, is set to make its first investment from its Grosvenor Residential Investment Partners fund, which closed last year on $100m.
The Westport, Connecticut-based firm looks to the emerging markets and US distressed opportunities as it raises its second real estate vehicle, WCP II.