Hines closes another Brazil real estate account with the California Public Employees pension fund. CalPERS has invested more than $380m to target Brazil with Hines over the past five years.
2 min read · 24 January 2013
The Asia Pacific operation of LaSalle Investment Management has sat on the investment market sidelines for nearly two years. But regional CEO Jack Chandler tells PERE that he believes this patience will be well rewarded from the investment performance of the new acquisitions the firm has made.
3 min read · 24 January 2013
Eric Lemer, formerly of Credit Suisse’s Real Estate Private Fund Group, has joined trans-Atlantic private equity real estate firm GI Partners in its London office to take on a newly-established role.
2 min read · 24 January 2013
As fundraising continues to prove difficult, veteran GPs at the AFIRE conference estimate that between 50% and 70% of managers in the business may not survive.
1 min read · 24 January 2013
The Canadian Pension Plan Investment Board has acquired an 8-stong shopping centre portfolio, which includes the Hillside Centre in Victoria, for $335.5m including the assumption of $105 million of debt.
1 min read · 24 January 2013
The Chicago-based firm is focused on ‘deleveraging European real estate’ in the UK through investing in real estate structured investments and debt. The firm has already attracted capital commitments to its £100m UK Special Situations Fund.
2 min read · 24 January 2013
Oppenheimer Investments Group, the Zurich-based project finance adviser, has appointed veteran private equity real estate lawyer Iain Morpeth, who spent 23 years at Clifford Chance, as its new global chief operating officer. Among his mandates, Morpeth advised on the sale of the Millennium Dome.
1 min read · 24 January 2013
Enervest’s 12th fund will reportedly raise up to $1.5bn to invest in upstream oil and gas assets in North America.
1 min read · 24 January 2013
Former Carlyle partner Robert Grady is poised to be elected chair of the state’s investment council as the pension’s advisor Strategic Investment Solutions’ advice to hike alternatives up to 38 percent becomes draft regulation.
1 min read · 24 January 2013
UK-based fund manager sees the US apartment sector as the ‘best-positioned’ over the next five years and has launched an investment vehicle to capitalise.
2 min read · 24 January 2013
