United States: Fund Management/ REITs

Co-investment transactions are often marketed as "no fee, no carry" opportunities, but this label can mask a complex web of ancillary charges that passive investors may not anticipate. From administrative fees and broken deal expenses at the vehicle level to monitoring, transaction, and exit fees charged directly to portfolio companies, the true cost of co-investing extends far beyond the headline terms. Understanding where these fees are charged and how they differ from traditional fund structures is essen

European insurance regulators are proposing significant reductions in risk weights for securitisation investments, potentially opening new markets for US-style rated note transactions.

Green Street Advisors has revised its governance scoring methodology to penalize public REITs that use OP unit-based compensation, arguing it creates potential misalignment between management and shareholders.