The $23.6 billion state pension system is now allotting 10 percent of its portfolio to real estate, up from its previous target of 8 percent.
2 min read · 27 August 2013
Desmond Taljaard, who has been with Starwood Capital for six and a half years and once served as global head of real estate at Hilton International, is branching out with a company of his own called Mildmay Capital to invest in hotel assets across northern Europe.
2 min read · 27 August 2013
The threat of a banking collapse in Cyprus has had fund managers reaching for the telephones in a hurry this week.
3 min read · 27 August 2013
The $72.8 billion pension plan has approved an investment to Blackstone's new Asia-focused vehicle. It also announced an update to its real estate secondary offering.
3 min read · 27 August 2013
The real estate investment and advisory group has acquired nine service stations from a special purpose vehicle formerly controlled by property tycoon Robert Tchenguiz.
1 min read · 27 August 2013
The Austin-based manager has raised in excess of $477.5 million for Hawkeye Partners Scout Fund II, which is targeting as much as $1 billion in equity to provide seed capital to emerging managers.
2 min read · 27 August 2013
The $49.7 billion pension plan’s most recent real estate commitments are intended to help it reach a 40 percent to 50 percent allocation target to the risk strategy over the long term.
2 min read · 27 August 2013
Chancellor George Osborne said in his budget speech Wednesday the government will ‘make changes to limited partnerships to more effectively accommodate their use for private equity investments’.
3 min read · 27 August 2013
Prospective bidders already have conducted due diligence on the Asia- and Europe-focused private equity real estate firm and a deal could happen in the next quarter.
2 min read · 27 August 2013
The ascent of James Raynor is complete as the chief investment officer of Grosvenor Fund Management takes over the reins as chief executive.
2 min read · 27 August 2013
