Evelyn Lee
Evelyn Lee is Editor for PEI Group’s real estate-focused publication, PERE, overseeing global news coverage for both its digital and print platforms. Based in London, she manages a team of journalists across PEI’s offices in New York, London and Hong Kong.
She joined the company in its New York office in July 2011 as a reporter covering the industry in the Americas. She became senior reporter in January 2014 and was promoted to news editor in July 2015. Evelyn relocated to PEI's headquarters office in London in 2018 and was promoted to editor in 2019. Prior to joining PEI in 2011 she covered commercial real estate, economic development and environmental issues at NJBIZ, a New Jersey-focused business publication.
The $72.8bn pension plan has approved an investment to Blackstone's new Asia-focused vehicle. It also announced an update to its real estate secondary offering.
The $72.8bn pension plan has approved an investment to Blackstone's new Asia-focused vehicle. It also announced an update to its real estate secondary offering.
The $70.8bn pension system is considering a sale of up to $1bn worth of real estate holdings in a continuing effort to cull underperforming or redundant investments.
New Jersey’s $350m commitment represents the first major investment by a US pension plan in TPG’s growing real estate business.
The Zurich-based investment bank said today that it is looking to sell one of its largest private equity fund investing groups, citing its illiquidity and lack of synergy with the rest of the firm.
The US insurer had dedicated $100m to support private equity and real estate firms with women and minority participation, says Allstate's head of real estate equity Edgar Alvarado.
Listed private equity groups suffered sharp declines in their share prices during last week’s severe public market downturn, with some analysts wary about the volatility of the sector.