The Dutch bank has raised $85m for the first close of India Agri Business Fund, with IFC, FMO and DEG committing $20m each.
2 min read · 22 January 2013
The public pension looks to alternatives to drive returns, ploughing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
Apollo Global Management, the Leon Black-led alternative investment giant, has been actively recruiting real estate professionals to lead a new real estate arm. The move could present a branding challenge to a separate firm called Apollo Real Estate Advisors, in which Black owns a minority stake.
2 min read · 22 January 2013
The San Francisco-based private equity real estate firm has acquired the Oyster Point Business Park and Oyster Cove Marina in San Francisco.
1 min read · 22 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 22 January 2013
The pension fund has made commitments to five private equity and real estate funds, including $15m to the Arden Group’s $125m distressed real estate fund targeting the US and the Caribbean.
2 min read · 22 January 2013
The US industrial property developer and investment firm has promoted Ralf Wessel from senior vice president of the European fund and capital markets to take responsibility for all new fund products and investor relations. Simon Nelson, European fund management executive, is stepping up to replace Wessel.
1 min read · 22 January 2013
LaSalle Investment Management acquires three office properties in Germany as the firm continues to expand its presence in Europe. It recently opened an office in Milan and created a special situations team in Europe.
1 min read · 22 January 2013
Starwood Capital’s latest global real estate fund has received $100m in commitments from two US pension funds, including New Mexico’s $13bn scheme and the $15.8bn Louisiana Teachers fund. New Mexico also committed a further $65m to private equity and real estate funds.
1 min read · 22 January 2013
As REITs in the US and Japan look increasingly stressed, the chief executive of LaSalle’s Asia Pacific securities division argues there are growing opportunities in Australia’s listed property sector as the industry feels the impact of the credit crunch.
2 min read · 22 January 2013