The Canadian pension and Australian sovereign wealth fund have injected A$375m each into recapitalising Colonial First State’s open unlisted retail vehicle, after original investors called it a day at the expiration of the fund.
3 min read · 24 January 2013
The Washington State Investment Board’s private equity team will seek to replace Brian Roberts, who is leaving the pension fund next week.
1 min read · 24 January 2013
TPG will join the ranks of other Western firms raising RMB-denominated funds, including Carlyle, KKR and Blackstone. Read more about TPG in the forthcoming issue of PERE.
2 min read · 24 January 2013
Anders Åström, Tomas Otterud say Custor Capital will advise institutional investors and other groups on their investment programmes
1 min read · 24 January 2013
The fund managers have raised more than $100m each from investors to recapitalise Stockbridge’s $1bn Fund II and RREEF’s $1.6bn Global Opportunities Fund II. The rescue capital comes through two different structures: a preferred equity infusion and a new debt facility.
3 min read · 24 January 2013
A high-ranking CalPERS private equity official allegedly asked Apollo's Leon Black in 2006 to bring investment opportunities directly to him, rather than using 'third parties'.
4 min read · 24 January 2013
There was just one opportunistic real estate fund targeting more than $1 billion in equity commitments in the first six months of 2010, in a sign the industry is scaling down its fundraising efforts.
2 min read · 24 January 2013
Only a day after news of its first RMB fund launch broke, TPG has confirmed it is launching a second, Chongqing-based vehicle, reportedly also with a $736m target.
2 min read · 24 January 2013
Parsippany-based Pramerica Real Estate Investors and London-based Rockspring Property Investment Managers become the latest beneficiaries of the National Pension Service of Korea’s desire to increase its exposure to alternative assets.
2 min read · 24 January 2013
The firm wants to take advantage of new pools of capital, Suzanne Donohoe, head of KKR's client and partners group, told PEO in an exclusive interview.
3 min read · 24 January 2013
