The board, which manages the state’s $113bn pension, also is considering investments in Oaktree and Bayview.
1 min read · 21 January 2013
PCG Asset Management would run the programme, which would target original commitments of between $5m and $20m.
2 min read · 21 January 2013
Despite fears the US real estate recovery will be prolonged owing to banks’ willingness to extend debt maturities and workout mortgages, ING believes mid-2010 will mark the start of financial institutions starting to offloading troubled assets.
2 min read · 21 January 2013
The firm has closed Orion European Real Estate Fund III having committed €300 million of equity so far.
1 min read · 21 January 2013
The separate account will target investments in funds with commitments of up to $1bn that focus on international markets.
2 min read · 21 January 2013
New York Attorney General Andrew Cuomo said Elliott Broidy paid nearly $1m in gifts to NY Common officials, including more than $90,000 to pay living expenses of one official's girlfriend.
3 min read · 21 January 2013
CDC and Norfund are among a group of LPs that want to ensure ‘the next generation of emerging market private equity funds are raised on terms that reflect the principles’.
2 min read · 21 January 2013
The firm has bought Hotel 71 on Chicago’s Wacker Drive for an undisclosed sum out of CMBS special servicing.
1 min read · 21 January 2013
John Pattar, CLSA Capital Partners' managing director and head of the property fund Fudo Capital, says despite the ‘challenging fundraising environment’, its vehicle Fudo II has continued to attract a broad range of investors.
1 min read · 21 January 2013
Aside from deals with the Royal Bank of Scotland and the National Pension Service of Korea, Rockspring has been busy raising its UK Value Fund. PERE Magazine December 2009- January 2010 issue
1 min read · 21 January 2013