LPs see improved security by investing with smaller, real estate-focussed fund managers than with large bulge bracket firms, delegates heard on the second day of PERE’s annual event in Hong Kong.
3 min read · 18 January 2013
Australia’s Future Fund has made further increases to its real estate, private equity and infrastructure portfolios as its overall assets under management grow past the A$70 billion (€50.6 billion; $69.4 billion) mark for the first time.
2 min read · 18 January 2013
CIC is to open an office in Toronto according to a report by CNBC. The office is only the second to be opened by the $300 billion sovereign wealth fund outside of Greater China since its inception in 2007.
1 min read · 18 January 2013
Norway’s sovereign wealth fund, Government Pension Fund Global, is aiming to make minimum outlays of $500m per deal. The fund, managed by Norges Bank Investment Management, plans to take 25 percent to 85 percent stakes in its investments as it seeks alignment interests with its partners.
2 min read · 18 January 2013
HSBC is the latest global bank at which senior management in a captive private equity real estate business are separating out. It also is arguably the least well-known of them all.
4 min read · 24 January 2013
The $400bn-plus Norwegian sovereign wealth fund has been urged to increase its exposure to riskier assets including infrastructure, but should be ‘circumspect’ about private equity.
2 min read · 24 January 2013
As LPs shy away from commingled funds, an increasing number of GPs are tailoring their investment vehicles to suit investor needs. For Guy Jaquier and AMB Capital Partners, that’s always been par for the course.
10 min read · 24 January 2013
Mountgrange Investment Management, which raised its debut opportunity fund in 2009, is backing a venture to develop 15 London budget hotels under a franchise agreement with Tune Hotels run by Asia entrepreneur Tony Fernandes.
3 min read · 24 January 2013
After leaving the investment bank in 2007 to work for a single Asian client, Goodwin is back at JP Morgan to assume a senior role in its Global Real Assets team.
1 min read · 24 January 2013
Sniper Capital’s first private real estate opportunity fund has made inroads into its $100m capital raising. The Macau-focussed vehicle is expected to buy undervalued properties for redevelopment into non-gaming leisure assets.
1 min read · 24 January 2013
