Real estate investments cost NYC pension funds $370M
In a big investment portfolio, some part of it will inevitably underperform. For the city’s biggest pension fund, that...
Private Equity
The Latest
National
Blackstone: “We don’t need financing to get things done”
Blackstone wants investors to know that it is ready to pounce on investment opportunities. In a first quarter earnings...
Pols take aim at private equity with plan to tax mezz debt
A new bill seeks to raise money for public housing while bringing more transparency to the complex world of...
National
Bed Bath & Beyond is selling its real estate to private equity
Bed Bath & Beyond will sell about half of its real estate to a private equity firm and then...
National
Private equity bigwig makes CRE play
Private-equity firm Insight Venture Partners has made its latest bet in the commercial real estate technology space, acquiring a New York-based software company focused on building operations. Through Property Brands, a holding company in...
Weekend Edition
Swedish private equity firm closes huge infrastructure fund
Swedish private equity firm EQT closed its largest infrastructure fund to date, as market experts worry that the industry...
Private equity’s newest asset class:
real estate litigation
Life insurance settlements and litigation finance are gaining steam in the private equity market, and some investors are focusing...
real estate litigation
TSX Broadway developers land more than $780M in new equity
The developers behind Times Square’s TSX Broadway have raised more than $780 million in new equity, valuing the entertainment-and-hotel...
National
Apollo aims for $1B for third real estate fund
Apollo Global Management plans to start raising a new real estate investment fund. The private equity company has held...
Issue
The private equity paradox: Funds flush with cash can’t find deals with returns they need
There’s an eyebrow-raising issue playing out in the private equity world right now. While funds have pulled back on the amount of money they’re...