The New York-based fund manager officially has closed on $819 million for its latest fund, plus an additional $150 million for a sidecar vehicle.
2 min read · 17 January 2013
The investment board, which manages $11.8 billion in pension assets, has launched a search for a firm to help the system reach a target allocation of 10 percent in the asset class.
2 min read · 17 January 2013
Despite growing investor interest in such vehicles, separate accounts can make it more challenging for some general partners to build or expand their business.
3 min read · 17 January 2013
The real estate investment firm that specialises in Latin America and the Caribbean has received $150 million in commitments to invest in low- and middle-income residential housing projects in Peru, Colombia, the Dominican Republic and Panama.
2 min read · 17 January 2013
New York-based private equity firm Kohlberg Kravis Roberts has reportedly teamed up with London’s Delancey to buy the headquarters of State Street and an adjoining site in Dublin.
2 min read · 17 January 2013
The global property services firm told PERE it wants to expand the offering of its corporate finance offering beyond capital raising, despite platform head Nicholas Crockett’s resignation last week.
2 min read · 17 January 2013
The New York-based real estate investment manager has closed fundraising for Westbrook Real Estate Fund IX at roughly $1.6 billion in commitments, slightly below its original target of $2 billion.
2 min read · 17 January 2013
Investors are now more concerned with getting cash back quickly on their investments rather than capital appreciation, according to executives at this week’s PERE Summit: New York.
2 min read · 17 January 2013
The Stockholm-based company, best known for large opportunistic funds, has now held a second close on a core-plus Nordics product targeting 10% net returns for LPs.
1 min read · 17 January 2013
The Starwood professional, Christopher Keber, has joined Hines in the firm’s new ‘office of investments’ as a member of the company’s capital markets team, based in New York.
1 min read · 17 January 2013