CalPERS has elected to do away with traditional allocation labels, may push for performance-based fees and prohibit consultants from also managing its capital. Is this a sign of bigger things to come?
3 min read · 24 January 2013
The Abu Dhabi-backed investment group will pour $500m more into the global private equity and real estate firm to further expand its business lines, prompting speculation about Carlyle's desire to go public.
2 min read · 24 January 2013
Three weeks ago, PERE caught up with Martyn McCarthy, European chief executive of Valad Europe, the multi-let specialist with €5bn of assets under management.
5 min read · 24 January 2013
The New York-based firm has purchased 353 North Clark from Mesirow Financial for less than what the building cost to build.
2 min read · 24 January 2013
Six months after Beacon’s 20-building Seattle and District of Columbia portfolio was transferred to special servicing, the Boston-based firm has modified its debt load, pushing maturities out by five years.
2 min read · 24 January 2013
The fund is the first entirely debt-focused investment vehicle raised in Mexico using a new type of listed security called a certificado burasatile. The lender, Navix, plans to co-invest $100m of its money with the certificados busatiles on a variety of projects in the Mexican energy sector.
2 min read · 24 January 2013
The Macquarie Mexican Infrastructure Fund will acquire a company with a 20-year contract to reconstruct and maintain highways in the Mexican state of Durango. The firm has also placed Macquarie executives Martin Stanley and Chris Leslie on its board.
2 min read · 24 January 2013
The Wall Street bank which houses property funds in its Global Real Assets Group, has bought the Bishops Square office complex in London’s financial district for its funds’ core property portfolio
1 min read · 24 January 2013
How Ireland’s recent woes caused US private equity firm TPG and UK partner Green Property to walk away from a €120 million property deal
3 min read · 24 January 2013
The nursing home chain taken private by Carlyle for $6.3bn in 2007 will sell 338 skilled and assisted living facilities to healthcare-focused REIT HCP.
2 min read · 24 January 2013