The publicly traded Canadian buyout firm expects to hold a final close on its third mega-fund in early 2009. CEO Gerald Schwartz has said despite having done no deals in the second quarter, Onex sees attractive opportunities and is not discouraged by credit conditions.
2 min read · 22 January 2013
The New Delhi-based developer is reportedly in advanced talks with several private equity funds to sell stakes in its special economic zone projects.
1 min read · 22 January 2013
The Public School Employees’ Retirement System has approved new commitments to private equity and real estate funds, including a $200m investment in Beacon’s latest $6bn property fund.
1 min read · 22 January 2013
The stakes are raised in the gaming industry as a listed-investment vehicle of private equity firm Apollo Global Management marks down its co-investment in casino company Harrah’s Entertainment by 25%. Harrah’s was acquired by Apollo and TPG for a total of $17.1bn earlier this year.
2 min read · 22 January 2013
The $234.2bn pension is mulling a possible change to its private equity allocation, as the twin forces of sinking assets under management and shrinking distributions have combined for an overweighted alternatives exposure.
3 min read · 22 January 2013
A consortium headed by the Qatari Investment Authority is reportedly finalizing a deal to acquire the UK property outsourcing business Trillium from Land Securities.
1 min read · 22 January 2013
Increased commitments at Morgan Stanley Real Estate is the reason given for the retirements of Gabriela Gryger and Gavin MacDonald from the board of Songbird Estates, the consortium that majority owns Canary Wharf in London.
1 min read · 22 January 2013
Following its massive investment in Macau casino and hotel operator Galaxy, the firm has hired a former Goldman banker in its recently established Hong Kong office to lead its efforts in Greater China.
2 min read · 22 January 2013
The Canadian pension bucks the loss-making trend among North American pension funds returning one percent on its investments in the three months to June this year. The pension’s real estate allocation now stands at 5.6%, or $7.2bn. Infrastructure makes up 2.6%, or $3.3bn, of its portfolio.
2 min read · 22 January 2013
The $2.7bn Fresno County Employees’ Retirement Association has increased its exposure to private equity and real estate while launching a new ‘real asset’ allocation, which includes infrastructure.
2 min read · 22 January 2013
