Zoe Hughes

Colony is raising its second debt fund. Meanwhile founder Tom Barrack says no ‘meaningful’ distressed capital has yet been deployed in the industry. PERE March 2010 issue

The Los Angeles-based private equity real estate firm is targeting at least $500m for the vehicle.

The US banking regulator, the FDIC, has placed 702 institutions on its “problem list”. Lenders have written off 2.6% of their real estate loans to date – the highest level since records began.

The US homebuilder has returned to buying distressed debt acquiring a portfolio of 5,500 residential and commercial loans pooled from 22 failed banks by the FDIC.

Lawmakers in the UK have urged the British government to reject European proposals for wide-ranging regulation of the alternative funds universe as they currently stand, especially if there is no comparable legislation in the US.

Lawmakers want the UK to fight the EU's proposed AIFM directive, arguing the rules would 'damage' the UK private equity industry.

Apollo Commercial Real Estate Finance has invested almost two-thirds of the equity raised in its IPO on first mortgages, mezzanine loans and CMBS.

Apollo Global Management is expanding its real estate operations into Asia, at a time when more traditional competitors are hanging on by their fingertips. The emergence of capital-rich domestic buyers, though, will keep Apollo - and other Asia-focused GPs - on its toes

The $11bn teachers pension system is looking to put about $200m to work this year in four or five private equity funds.

Six former Paul Hastings lawyers have joined the Dallas-based firm to boost its real estate presence on the East coast.