Evelyn Lee
The asset management arm of the Swiss financial services giant has tapped its chief operating officer to oversee its global real estate business, taking over from departing head, Paul Marcuse.
The Los Angeles-based placement agent has hired Scott Arden, formerly of MVision, to head up the new office as the firm continues to build its business in and outside of real estate.
The New York-based accounting and consulting firm has recruited Byron Carlock for the newly created position of global real estate leader, focusing on the US. The firm also is seeking to hire a real estate leader to oversee the Asia market.
In a new research paper, Nori Gerardo Lietz throws the spotlight on the staggeringly low number of women in senior investment and finance roles at private equity real estate firms. The hope is that going public with the issue will change the industry for the better.
The US House of Representatives has narrowly passed a bill that aims to raises taxes on private equity and hedge fund managers by roughly $48 billion. The bill now heads to the Senate, and if approved, is likely to be vetoed by President Bush.