A small group of highly capitalized institutional investors will account for 84 percent of all institutional real estate investment in the near future, according to Preqin Ltd.'s latest data, tightening competition for the best properties and edging out newer, smaller fund managers.
Seven law firms whose stars had dimmed in the eyes of general counsel are once again shining bright, and two up-and-coming legal sparklers are suddenly radiating excellence, according to a new survey of corporations’ favorite firms.
Skadden Arps Slate Meagher & Flom LLP stands alone among elite law firms in the arena of client service thanks to a concerted long-term effort to respond to client feedback, according to a new survey of corporate counsel.
The fickle feelings of corporate counsel are apparent once again in an annual survey gauging which law firms deliver the most sterling client service, as one-third of last year's favorites were cast aside after being outflanked by hungry rivals.
There are more arrogant law firms than in years past, according to a new survey of corporate counsel, but one familiar firm has risen above them all.
The number of law firms that Fortune 1000 clients say offer excellent client service grew by 9.8 percent over the past year, a sign that firms with broader services are separating themselves from the competition, according to a new survey of corporate counsel.
Attentive client service, not size, continues to be the critical factor for general counsel at the world's largest corporations, according to a recent survey of corporate counsel, who gave top marks to a mix of large and midsize law firms.
The tide has shifted from diversification to niche investing for many institutional investors, leading private equity real estate funds to cultivate specialties like senior and student housing that are allowing them to meet and exceed fundraising goals more often than many diversified peers.
Hedge funds are increasingly paying more to comply with regulators, spending between 5 and 10 percent of their operating costs on compliance tech and strategy, a global survey by three analysts found Thursday.
The global hedge fund industry posted a strong third quarter with net gains of more than 3 percent and appears poised to match or even eclipse its performance in 2012, according to a survey by U.K.-based industry consultant Preqin Ltd. released Thursday.
The global sovereign wealth fund industry has added more than $750 billion in assets over the past year, pushing the industry's aggregate capital over $5 trillion, according to a report released Thursday by industry analyst Preqin Ltd.
A recent Treasury Department report has shown potential blind spots for financial regulators overseeing the $53 trillion asset management industry, and it could be the first step toward tagging several large players not already monitored closely by the Federal Reserve as risks to the global financial system.
Hedge funds focused on the Asia-Pacific geographic region posted net returns of more than 18.6 percent for the 12 months ending July 31, outperforming their North America- and Europe-focused counterparts, according to a report by private fund consultant Preqin Ltd. released Wednesday.
Litigation matters are expected to spike in the coming year, but budget-conscious general counsel expect firms to do whatever it takes to make sure they stick to the bottom line — and that includes settling and settling early, a new survey of in-house counsel said.
With litigation on the rise, law firms are looking for a bigger piece of the pie these days, but they won't get it unless they start to think more creatively about how to attract and retain clients, a new survey of in-house counsel said.
Four firms strike fear in the hearts of corporate counsel more than any others thanks to their relentless approach to high-stakes litigation and a knack for building legal teams that go for the jugular, according to a new survey.
Middle-market private equity deal activity fell off sharply in the first half of 2013, though the transactions that did get done were completed at higher earnings multiples than the previous quarter, private equity database GF Data Resources LLC said Friday.
Mergers involving U.S. companies smaller than $1 billion hit their lowest level in 18 years last month, investment bank R.W. Baird & Co. said Thursday, as the middle market — traditionally the trusty driver of deal activity — continues to sputter.
The global hedge fund industry recovered from a negative performance in June with a strong July, recouping all of its losses from the previous and bumping year-to-date returns above 5 percent, according to a report by U.K. fund industry consultant Preqin Ltd. released Thursday.
Private equity firms are increasing their focus on the Latin American real estate market, with firms targeting an aggregate $3.8 billion in capital for funds currently in market as both investors and fund managers see more opportunities in the region, industry consultant Preqin Ltd. said Thursday.
Although Amtrak is an entity with both public and private elements, it is not a true public-private partnership. But with the benefit of a properly designed P3, perhaps Amtrak will prove to be the savior of the passenger rail industry after all, say Albert Dotson Jr. and Eric Singer of Bilzin Sumberg Baena Price & Axelrod LLP.
Real estate investors are wise to form a limited liability company prior to purchasing any investment property and to have the property titled in the name of the LLC. In fact, it is a best practice to form an individual LLC for each property purchased. This ensures that the investor’s liability exposure for any one property is limited to that property alone, says W Mason of Fox Rothschild LLP.
Although treatment of the attorney-client privilege has not traditionally been a focus of merger negotiations, such consideration should now be given in light of the Delaware Court of Chancery ruling in Great Hill Equity Partners IV v. SIG Growth Equity Fund I, say attorneys with Paul Hastings LLP.
In light of the proposed e-discovery amendments to the Federal Rules of Civil Procedure, businesses need to set themselves up to efficiently respond to discovery and requests for information from their counsel by implementing and following document-control policies as part of normal business practices. The failure to do so will eventually consume vast amounts of employee time, say Steven Cvitanovic and Colin Murphy of Haight Brown & Bonesteel LLP.
While capital call facilities for true open-end funds have been relatively rare, the opportunity is ripe for new market entrants. A traditional facility would not be feasible for an open-end fund, but a few structural tweaks should do the trick, say attorneys with Mayer Brown LLP.
Because Latin American countries differ substantially from one another, there is no effective one-size-fits-all approach to anti-corruption compliance in the region. That said, companies doing business in the region should be aware of a number of recurring compliance concerns that may lead to an increased risk of violating the FCPA or other applicable anti-bribery laws, say attorneys with Debevoise & Plimpton LLP.
Even if the European economic recovery remains constrained, the global real asset rotation and navigation of the commercial real estate debt gap should continue to propel real estate investment up the risk curve in 2014. The growing participation of larger institutional players also signals larger deals in core markets, says Eric Rosedale, co-chairman of Dentons real estate group in Europe.
A new law in Mongolia dramatically alters the investment landscape in the country, eliminating the broad restrictions on private foreign investment in the minerals, communication and financial sectors that previously existed, removing the parliament from the approval process, and ending the distinction between foreign and domestic investors, says Stewart Diana of DLA Piper LLP.
The U.S. Securities and Exchange Commission recently announced sanctions against six investment advisory firms that, taken as a whole, highlight two continued areas of focus for the SEC: compliance program deficiencies and violations of the “custody rule," say Hoyt Stastney and Peter Kaiser of Quarles & Brady LLP.
While the Delaware Chancery Court’s approach to Orchard Enterprises Inc. was limited to the facts of the case, there are at least two other options that can be considered in valuing preferred stock. In particular, the option pricing methodology has become a well-recognized approach to allocate enterprise value among security holders, say Louisa Galbo and Jaime d'Almeida of Duff & Phelps Corp.