The $182bn pension, the largest in the US, will negotiate with private equity firms for fee reductions on all new commitments. The practice follows a policy the pension implemented in March to negotiate fee reductions with hedge funds.
2 min read · 21 January 2013
The duo have left the Los Angeles-based real estate investment firm. The placement agency they co-founded in 2001, Wetherly Capital, was mentioned in a legal complaint regarding the New York pay-to-play scandal. Wetherly has not been accused of any wrong-doing.
1 min read · 21 January 2013
James Green has left the McLean, Virginia-based firm where he was managing director and co-global head of capital markets and client relations.
2 min read · 21 January 2013
ProLogis European Properties, the listed European division of Denver-based ProLogis, has sold five distribution assets in the UK to the US alternative asset management firm, Harbert Management Corporation.
2 min read · 21 January 2013
F&C REIT Asset Management has appointed Angus Henderson as its new head of business development as plans a £300m UK opportunity fund. Henderson was responsible for launching new AXA Real Estate products in Europe and Asia.
2 min read · 21 January 2013
The Canada Pension Plan Investment Board has agreed to inject equity into a retail park fund advised by REIT, British Land, and managed by Schroder Property.
2 min read · 21 January 2013
William Green has left the Greenwich, Connecticut-based firm for family reasons. He joined the firm in late 2007 to oversee Starwood’s debt investment operations.
2 min read · 21 January 2013
In an effort to find and manage investments in the Iberia region on behalf of its third European real estate fund, the Washington DC-based firm has enrolled the services of a Lisbon-based partner.
2 min read · 21 January 2013
ING Real Estate Investment Management European managing director Wilson Lee has left the firm one year after joining to help launch its first global real estate opportunity fund. Plans for the $1.5 billion vehicle were shelved earlier this year.
2 min read · 21 January 2013
Real estate investment firms NDC Capital Partners and Post Investment Group have acquired a 365-unit apartment complex in Dallas. Post founder says now is time to ‘straddle’ bottom of residential market.
2 min read · 21 January 2013
