Zoe Hughes

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

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

Ex-Federal Reserve chairman Paul Volcker says banks need to choose between being bank holding companies and housing private equity platforms. Citi, meanwhile, may divest its $8bn PE unit.

The default of Tishman Speyer and BlackRock’s Stuy Town deal could result in an immediate revaluation of the property by as much as 70 percent. By Zoe Hughes. PERE magazine, February 2010 issue

Barack Obama wants to clamp down on bank-sponsored private equity funds. It could mark the end for such vehicles in the US. By Zoe Hughes

The joint venture has admitted final defeat in trying to restructure the debt on the New York multifamily complex, saying they had no intention of putting Stuyvesant Town/Peter Cooper Village into bankruptcy.

Amid 5,000 pages of documents released by CalPERS, it was revealed Capmark paid Credit Suisse a one-time fee of $27m for one fund, while RLJ paid Presidio $10.6m for two vehicles, including $1.7m for CalPERS' commitments.

After months of speculation, the two firms confirmed New York's Stuyvesant Town/Peter Cooper Village complex had missed a $16m debt service payment due today. Tishman hope to restructure the $5.4bn deal's debtload.

Susan Swanezy has joined Hodes Weill & Associates as partner. Swanezy was previously managing director at Credit Suisse’s Real Estate Investment Group.

A PPIP fund raised by The TCW Group has been withdrawn following the departure of the firm’s chief investment officer Jeffrey Gundlach, which triggered a key-man clause.