New Mexico’s $14bn oil and gas endowment, a long-time investor in private equity, hasn’t made a commitment since early 2009. SIC wants to commit to six funds over the next 12 months.
2 min read · 24 January 2013
LIDIS, the Sydney-based real estate investment firm, is to kick off fundraising on its sixth private equity real estate fund, aiming to corral $400 million for investments in Sydney and Brisbane.
2 min read · 24 January 2013
Pramerica Real Estate Investors announced today it had sold its 80 percent stake in Hong Kong skyscraper PCCW Tower. The firm was thought to have been seeking an exit since 2008 but has now managed to garner “double digit” returns through a reported HK$3.2 billion sale to Swire Properties.
2 min read · 24 January 2013
In the build–up to the Marathon of Marathons on 31 Oct, we talk to some of those taking part. Here, Bjorn Tremmerie, a principal at the European Investment Fund, reveals his injury setback, talks of his determination to achieve a top-quartile finish – and reaches for a tulip bulb analogy
5 min read · 24 January 2013
Denver-based hotel and leisure investment firm KSL Capital Partners has hit the fundraising trail on its third fund, KSL Capital Partners III, for which it is aiming to attract $1.5bn in capital commitments.
1 min read · 24 January 2013
Veteran European fundraiser Elizabeth O’Reilly has left the French firm for KKR, as the listed giant continues to strengthen its IR team.
1 min read · 24 January 2013
Carlyle’s real estate fund invests equity alongside its buyout fund for the €480m purchase of B&B Hotel Group
2 min read · 24 January 2013
In a recent meeting, a San Diego pension offered a rare glimpse at internal rates of return and performances of two heavy-hitting infrastructure investors – Global Infrastructure Partners and Macquarie Infrastructure Partners.
3 min read · 24 January 2013
US banks are currently sitting on billions of dollars worth of souring real estate loans. What for? According to Sam Zell, to stay alive banks and other real estate owners needs to come clean about their problems. By Zoe Hughes.
3 min read · 24 January 2013
Stephen Moseley, a former co-president of advisory firm PCG Capital Partners, is suing his former employer for 'fraudulent business practices'.
3 min read · 24 January 2013
