Subject: Opportunity Funds (OPPY)
Pension Fund’s $200Mln Investment Boosts Starwood Fund
November 30, 2001 Commercial Real Estate Direct Staff ReportThe Pennsylvania School Employees Retirement System, under the advisement of Russell Real Estate Advisors, this week committed to provide up to 25 percent of the capital – not to exceed $200 million ...
PSERS Takes Lead Role in Legg Mason Mezzanine Fund
The Pa. School Employees Retirement System is investing up to $75 million in the fund at a time when demand for bridge and mezzanine loans is on the upswing.
Lend Lease Preps Fund to Invest in Distressed Asian Debt
The pension fund adviser, which has a deep background in buying and working out troubled mortgage debt, is setting sail for Asia. It is raising a fund to buy soured loans in countries such as Japan and Korea.
PSERS Commits $87.5Mln to Berwind Fund
November 28, 2001 By Susanna Potter, Commercial Real Estate Direct Staff WriterThe Commonwealth of Pennsylvania Public School Employees Retirement System recently committed to invest up to $87.5 million in Berwind Property Group's latest opportunity fund. PSERS is willing to provide ...
Lone Star Partners to Close on $2.5Bln of Capital for Fund
The Texas investment firm is said to be close to completing its first round of capital-raising for Lone Star Fund IV, a fund that could grow to as much as $4 billion of equity. Like earlier Lone Star funds, the ...
New Real Estate Fund Raises C$50Mln to Invest in Quebec’s Senior Housing
November 27, 2001MONTREAL – Pension fund adviser Maestro has raised an initial C$50 million (US$31.4 million) of equity for its first senior housing real estate fund. The fund, which will ultimately total C$75 million, currently consists of eight properties totaling ...
Apollo Launches International Fund, Mezzanine Venture with GMAC
The seasoned opportunistic player is in the midst of raising $800 million of equity, evenly split between two funds. One will pursue investments overseas, while the other will make mezzanine investments with GMAC Commercial.
Angelo, Gordon So Far Raises $250Mln for Fifth Fund
The New York investment firm is expected to raise more than $250 million of equity for its latest opportunistic investment vehicle, A.G Realty Fund V LP.
Adviser Launches Texas Apartment Fund
October 22, 2001 Special to Commercial Real Estate DirectMetropolitan Properties of America, which has been an active acquirer of Texas multifamily properties, has launched a fund aimed at investing some $500 million into apartment communities across the country. The Boston ...
Correction: Berwind Two-Thirds Into New $300Mln Opportunity Fund
October 17, 2001 The name of Art Pasquarella, Berwind's chief operating officer, was misspelled in a story published Oct. 11, Berwind Two-Thirds Into New $300Mln Opportunity Fund.
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
