CB Richard Ellis Investors’ global multi- manager division exceeds its initial capital raising target for its Asia Alpha Fund.
2 min read · 24 January 2013
Charles Eaton says banning unregistered placement agents from doing business with public US institutions is ‘the right decision’.
2 min read · 24 January 2013
The European part of Starwood’s business has reportedly acquired the Cumberland Hotel in London’s West End in joint venture with London & Regional Properties
2 min read · 24 January 2013
The Los Angeles-based firm has closed its second debt vehicle more than $200m over-target after raising commitments from 25 investors.
2 min read · 24 January 2013
In a softening of the original proposal, the SEC has decided to prohibit only unregistered placement agents from soliciting US public pensions on behalf of private equity firms.
2 min read · 24 January 2013
A bill that would have prohibited CalSTRS and CalPERS from investing with managers employing “predatory investment practices” failed to pass in a California Senate committee Tuesday.
2 min read · 24 January 2013
David Snow explains why Goldman’s huge principal investment area will remain safely in-house.
3 min read · 24 January 2013
The Los Angeles-based firm has just closed a deal for five properties and a parking garage totalling 1.6m sq. ft. in Oakland, California. Shorenstein sold the properties for just shy of $360m, sources said.
2 min read · 24 January 2013
The government has eliminated its previous 5%, 15% and 25% cap on pension plan investments in real estate and Canadian resource properties, with expectations the rule could result in rising allocations to the asset class.
2 min read · 24 January 2013
The Shanghai-listed company will commit around $44m to Blackstone’s maiden RMB-denominated fund, which aims to raise roughly $735m.
1 min read · 24 January 2013
