Timothy Walsh, who has overseen investments for the $74.30 billion pension plan for three years, will be joining a real estate fund manager to help build up its North America business.
3 min read · 04 September 2013
REIT manager Cohen & Steers and its private equity real estate team were an unlikely pairing from the get-go. But various factors made it impossible for them to stay together.
3 min read · 04 September 2013
The New York-based private equity real estate firm’s latest capital raise far exceeded its initial target, and is equal in size to its previous two funds combined.
2 min read · 04 September 2013
Karlin Asset Management, the firm started by Los Angeles surgeon Gary Karlin Michelson, says Europe ‘closely parallels’ the US of a few years ago as it unveils a maiden property transaction in the UK.
2 min read · 04 September 2013
The $1.2 billion Southeast Asian private equity firm has made its first real estate-related investment with the buyout of Singapore’s largest real estate brokerage firms.
2 min read · 04 September 2013
The publicly-traded real estate business of the Toronto-based alternative asset management firm has agreed to buy Industrial Development International for $1.1 billion, marking its second industrial platform investment in as many months.
2 min read · 04 September 2013
The Los Angeles-based private equity firm is on track to raise its largest property fund yet, with its latest vehicle close to surpassing the equity haul of its $1.3 billion predecessor. The investment manager expects to close both its real estate opportunity and debt funds above target by year’s end.
3 min read · 04 September 2013
The New Delhi-based private equity real estate firm is plotting to transfer approximately $1.5 billion of existing offices under management to a new investment vehicle giving some of its investors continued exposure to the assets beyond the life of its opportunistic funds.
3 min read · 04 September 2013
The largest pension fund in the US has brought its backing of Singapore-based real estate investment manager ARA Asset Management to $1.3 billion after re-upping to a separate account mandate with Singapore-based ARA Asset Management focused on China.
3 min read · 04 September 2013
CITIC Securities has taken 100 percent control of CLSA, the Asia-based brokerage and investment manager with a real estate arm for a total of $842 million.
2 min read · 04 September 2013