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Landesbank Baden-Württemberg becomes new clearing member of EurexOTC Clear

Thu, 26/02/2015 - 11:30

Landesbank Baden-Württemberg (LBBW) has become a further clearing member of EurexOTC Clear for Interest Rate Swaps.  »

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American Hotel Income Properties REIT acquires new 110-room Oak Tree Inn hotel in Kansas

Thu, 26/02/2015 - 11:05

American Hotel Income Properties REIT has acquired a newly built 110-room Oak Tree Inn hotel in Wellington, Kansas from SunOne Developments for USD7,410,000 plus closing adjustments.   »

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Primary Health Properties agrees GBP15.8 million of acquisitions

Thu, 26/02/2015 - 10:52

Primary Health Properties (PHP) is to fund the development of and acquire two new modern, purpose built medical centres to be constructed near Cardiff, South Wales and Colwyn Bay, North Wales and to acquire a let standing investment in Wiltshire.   »

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Landbay appoints Robert Burgess as non-executive director

Thu, 26/02/2015 - 10:47

Landbay, the buy-to-let focused peer-to-peer mortgage lender, has appointed Robert Burgess to its board of directors, where he joins co-founders John Goodall and Gray Stern, as well as Chairman Tony Ward. »

house

Pluto Finance provides residential development finance for development in Tufnell Park

Thu, 26/02/2015 - 09:00

Pluto Finance has agreed to lend GBP5.18m to assist with the development of a site in North London. The development will provide 6 much needed family houses and an apartment.  »

document signing

Hispanic and Barceló create resort hotel REIT

Thu, 26/02/2015 - 06:00

Hispania Activos Inmobiliarios has signed an agreement with Grupo Barceló to create the first hotel REIT focused on the holiday resort segment industry in which Spain is one of the leaders worldwide. »

closed sign

Morgan Stanley AIP raises over USD500m for Phoenix Global Real Estate Secondaries Fund II

Wed, 25/02/2015 - 17:30

Morgan Stanley Alternative Investment Partners (AIP) has closed on over USD500 million in commitments from global pension funds, sovereign wealth funds, insurance companies, and high net worth individuals for AIP Phoenix Global Real Estate Secondaries Fund II (Phoenix II) and other real estate fund of funds separate accounts.  »

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BlackRock hires Thomas Müller as portfolio manager within European Real Estate team

Wed, 25/02/2015 - 16:30

BlackRock has appointed Thomas Müller as Managing Director and Portfolio Manager within the firm’s European Real Estate business. »

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BMI selects Linedata Front Office platform for Luxembourg based asset management businesses

Wed, 25/02/2015 - 11:30

BIL Manage Invest (BMI) has selected Linedata Front Office Platform to manage the firm’s complete front-to-back asset management workflow across their full suite of investment funds. »

Geoff Cook

Strong uptake in private placement as Jersey funds industry reaches seven year high

Wed, 25/02/2015 - 09:30

Strong performance in Jersey’s funds sector in 2014 has seen the value of fund assets administered in the jurisdiction increase by almost one fifth year-on-year to reach the highest level in seven years. »

features
Special report
How to Access Europe using third party AIFMs

Read how managers seeking to distribute in Europe can appoint a third party AIFM (or ManCo), and the fund distribution benefits this can bring, both for new fund launches and redomiciled funds... »

Comment
Richard Hoey, BNY Mellon

Global gross domestic product (GDP) growth should accelerate somewhat in 2015 and 2016 from the pace of the last three years because of much lower oil prices, the avoidance of special drags on the world economy, and continuing easy monetary policies from global central banks, according to  BNY Mellon Chief Economist Richard Hoey. Hoey (pictured) made the comments in his February outlook.  ... »

Article
Christiopher Elvin, Preqin

55% of private equity firms surveyed by Preqin at the end of 2014 stated they would deploy greater levels of capital in 2015, although 39% suggested it is more difficult to find attractive investments. Preqin’s Christopher Elvin comments: ... »

Article
Up arrow

Over half of infrastructure funds that closed in 2014 exceeded their fundraising target, up from 37% of funds in 2013. Andrew Moylan, Preqin’s Head of Real Assets Products, takes a look at infrastructure fundraising over the last 12 months: ... »

Article
Christopher ELvin, Preqin

977 private equity funds held a final close throughout the year raising a total of USD486bn, higher than any annual amount between 2009 and 2012, and on track to match the 2013 total. Preqin’s Christopher Elvin (pictured) reviews a year of private equity fundraising:  ... »

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