Timothy Recker has taken over the chairmanship of the Institutional Limited Partners Association from outgoing chair Joncarlo Mark of CalPERS.
2 min read · 24 January 2013
Singapore-based Pacific Star, the largest private equity real estate firm in the country, has decided to mesh two fundraising efforts for vehicles with differing strategies into just one.
2 min read · 24 January 2013
Swedish mid-market private equity house Litorina, led by managing partner Harold Kaiser, has smashed its SEK2bn target for Fund IV.
1 min read · 24 January 2013
Gordon DuGan, former chief executive, plus three other former senior executives of the New York-based sale and leaseback specialist have formed Northcliffe Asset Management to pursue a similar strategy
2 min read · 24 January 2013
The pension fund has acquired a 45% stake in two Vornado office properties for $91m. The Canadian plan is increasingly targeting direct, core deals as it eyes major US cities.
1 min read · 24 January 2013
The $218 billion pension giant won a fee break from CIM Group, a real estate manager with ties to Alfred Villalobos.
2 min read · 24 January 2013
Wellspring Capital Partners’ fifth buyout fund is targeting $1.3bn for US mid-market investments and is expected to close this month.
1 min read · 24 January 2013
Peter Feinberg has been confirmed as portfolio manager and senior director. He resigned from RREEF this summer, as the real estate arm of Deutsche Bank was fired as the separate account manager to MassPRIM.
1 min read · 24 January 2013
David Gilbert, the firm’s managing director and portfolio manager, has been named chief investment officer after Jeffrey Barclay (pictured) left to head Goldman Sachs’ expansion into core real estate.
2 min read · 24 January 2013
Quadrangle co-founder Steve Rattner said in an online interview that his involvement in the New York state pension pay-to-play scandal investigation has been the most painful event of his career.
2 min read · 24 January 2013
