Fundraising

Tom Attwood, the former chief executive of mezzanine provider ICG, will retire from the firm in March next year.

The ¥100bn Fortress Japan Opportunity Domestic Fund II is expected to be used predominantly for investments in the country’s debt space with a view to taking controlling positions.

The real estate division of UBS Global Asset Management won a tender for a multi-manager mandate from Germany’s Bayerische Versorgungskammer that has a wide range of investment possibilities.

The New York-based firm has made early headway in its capital raising efforts for its second Japan-focused opportunity fund. The ¥100bn Fortress Japan Opportunity Domestic Fund II is expected to be used predominantly for investments in the country’s debt space with a view to taking controlling positions.

The bank’s transition into asset-based lending for private equity-backed deals could be part of a niche financing trend for medium sized banks, says Amalgamated investor Wilbur Ross.

Lexington Partners’ founder Brent Nicklas has spent the last 20 years trying to create LP-friendly products – and in doing so, has built one of world’s biggest secondaries managers. In a rare interview, he tells James Taylor that it’s time for private equity to start focusing exclusively on its most important constituency: investors

Next year, one of these Republicans hopes to replace Barack Obama as US President. With financial regulation and taxation high on the political agenda, who would be the best bet for the private equity industry?

Things have slowed significantly in European private equity real estate, but at least the big beast of Europe has an on-going reason to invest. PERE Magazine, November 2011 issue.

Apollo's real estate arm, led by Joe Azrack, charts a new course in the wake of the global financial crisis and its acquisition of Citi Property Investors.

A preference in Asia for domestic talent over expatriates is one of several key takeaways from PERE’s examination of recruitment and compensation in the private equity real estate sector. PERE Magazine November 2011 issue.