The $200bn sovereign wealth fund is shifting around its senior investment officers as it reorganises its investment departments.
1 min read · 21 January 2013
State comptroller Thomas DiNapoli has today released details on 94 funds to which former comptroller Alan Hevesi committed capital. The comprehensive list also includes the names of placement agents used and the fees they were paid.
2 min read · 21 January 2013
A new complaint from the New York attorney general’s office details the allegedly corrupt economic bond between Aldus Equity’s Saul Meyer and political operative Hank Morris, whose relationship ultimately became strained to a point where both created vivid epithets for each other.
3 min read · 21 January 2013
Thomas DiNapoli, New York's comptroller in charge of the $122bn New York State Common Retirement Fund, seeks reimbursement of more than $5m in fees paid and other damages from the financial advisor Aldus. The Dallas-based firm is accused of taking part in a kick-back scandal involving the New York Common.
3 min read · 21 January 2013
Rhys Lewis, who was hired from Moorfield Group in 2005 to expand the firm’s European operation, has created Anglesea Capital to invest in the UK.
1 min read · 21 January 2013
An uptick in real estate investment activity by SWFs in 2008 may indicate a long-term investment trend, including helping to fill the debt financing void, according to a Deloitte report.
2 min read · 21 January 2013
The Cayman Islands-based firm has launched a residential housing fund, with hopes of closing the vehicle by the end of the year. Half the fund is expected to invest in Peru and Colombia. The firm's last fund closed on $42m last year.
2 min read · 21 January 2013
It is the first fund LaSalle has ever closed specifically targeting Mexico. News of the closing comes on the same day as Mexico tries to resume normal business activities amid an outbreak of swine flu.
1 min read · 21 January 2013
Merrill Lynch puts plans for its second Asian real estate opportunity fund on ice as it awaits direction from the bank’s new owners, the Bank of America.
1 min read · 21 January 2013
American International Group is close to selling its $1 billion Japanese headquarters as it looks to reduce its debt position. In a report by the Wall Street Journal, the embattled insurer has attracted at least two bidders for the 15-story building.
1 min read · 21 January 2013
