Latest from IPE Magazine – Page 596
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Features
Smooth transition launches streamlined new structure
To ensure its future success in a fast-changing pensions market, Munich-based Bayerische Versorgungskammer (BVK), an independent pensions holding company with over 1.5m active members and retirees and a capital value at 31 December 2003 of €31.4bn, felt it needed a new structure that was not only cost-effective, efficient and transparent ...
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Features
Due diligence needed to weigh up fee costs of unlisted real estate
As interest in European unlisted real estate investment funds increases, an increasing amount of investors are facing the challenge of understanding fee structures and being able to compare them across funds. Fee structures in this type of vehicles are composed of different elements (management fees, performance fees, transaction fees etc.) ...
