The $38.3bn pension has committed $50m apiece to Blackstone, GI Partners and Edgewater. The fund also said it is cooperating in a federal investigation into an alleged kickback scheme.
2 min read · 22 January 2013
The investment firm has acquired a majority stake in the Dubai-based business and intends to expand it regionally.
1 min read · 22 January 2013
With announced deal volumes totalling $3bn in the first eight months of the year, infrastructure and real estate are proving to be resilient investment targets in a year that has seen Indian private equity deal value drop by 20% through September.
1 min read · 22 January 2013
The Canadian pension has set aside an additional C$1.4bn to invest with opportunistic fund managers, and directly, targeting US and UK distressed real estate.
2 min read · 22 January 2013
Earlier this month, the pension struck similar deals with private equity firms, Oaktree Capital and MBK Partners. The JV will invest in real estate, stocks and bonds in South Korea.
2 min read · 22 January 2013
The New York-based firm is planning a final close of its latest European real estate vehicle in the New Year, according to a director of the firm speaking at a conference in London today.
2 min read · 22 January 2013
The private equity real estate firm has picked up a 494-unit apartment complex in Atlanta, Georgia. The deal follows close on the heels of its acquisition last month of two multifamily properties in Connecticut.
1 min read · 22 January 2013
The German commercial real estate lender is the first private sector group to ask for help from Germany’s €500bn bailout fund as it waits for the arrival of a previously agreed €50bn rescue package.
1 min read · 22 January 2013
The German commercial real estate lender is the first private sector group to ask for help from Germany’s €500bn bail-out fund. Hypo says the injection is needed while it waits for its previously-announced €50bn rescue package to come through.
1 min read · 22 January 2013
The alternatives arm of Deutsche Bank has followed GIC Real Estate in buying a ‘significant minority’ interest in Rosen Real Estate Securities. The deal is expected to close by the end of the year.
1 min read · 22 January 2013
