Jonathan Brasse
Jonathan Brasse is the Senior Editor, Real Estate for PEI Media’s real estate publications. He oversees the editorial output and leads the reporting team behind the sector-leading private real estate publication PERE as well as Real Estate Capital, the group’s real estate credit markets publication. Jonathan joined PEI in 2009 from UK commercial property magazine Property Week where he oversaw international news and analysis coverage.
In the latest sign that the investment banking sector is withdrawing from managing private equity real estate funds, Bank of America Merrill Lynch has agreed a deal to hand over the management of the assets in its $2.65 billion Asian Real Estate Opportunities Fund and other real estate assets to The Blackstone Group.
An agreement on the adoption of the Alternative Investment Fund Managers directive has been postponed until September.
Hidetoshi Ono, country manager for ING Real Estate Investment Management in Japan, has handed in his notice for personal reasons. He has been replaced with Tetsuya Fujita, previously head of institutional clients.
More than $1 billion was raised against distressed real estate debt strategies in Japan last month. But exactly what is the opportunity? PERE Magazine July/August 2010 issue
New York-based Fortress has impressed the real estate investment community by raising $800 million for its first Asia fund, but will it be so successful deploying the capital? PERE Magazine July/August 2010 issue
Jay Mantz, president and chief investment officer of Morgan Stanley Real Estate Investing, told the PERE Forum: Europe that he expected the US to offer the best out-performance opportunities while Europe offers little by way of growth.
The New York-based alternative investment firm, Fortress Investment Group, has confirmed that it has reached the fundraising target of its debut Asia real estate investment fund.
New York-based alternative investment firm, Fortress Investment Group, meets its capital raising target for its first Asia real estate fund, the yen-denominated Fortress Japan Opportunity Fund.
Tokyo-listed private equity real estate firm Secured Capital Japan closes on more than half of its capital raising target for its first distressed debt fund. The fund will run concurrently with SCJ's 4th opportunity fund.
The sale of ING Real Estate Investment Management is to commence in the next two to three weeks after Morgan Stanley was appointed to market the €64.4bn business. Private equity firms KKR and TPG are reportedly considering bids.