The US’ second largest public pension fund says it could cut the number of fund managers it works with as market conditions prompt it to review investment relationships. The pension says it will focus on those who ‘outperform in difficult markets.’
3 min read · 22 January 2013
With the credit crunch showing no signs of easing, REITs globally are looking increasingly stressed.
2 min read · 22 January 2013
The firm has hired former AXA REIM professional Fabio Donato for its Italian office and has made a new acquisition in the country, investing in an unoccupied site in Rome.
1 min read · 22 January 2013
The Mumbai private equity firm has made its fourth investment from its debut fund to help scale up the operations of Vishwa Infrastructures & Services.
2 min read · 22 January 2013
The Boca Raton-based private investment firm has acquired two coated-recycled board mills in Pennsylvania and Indiana from a subsidiary of the Graphic Packaging Holding Company.
1 min read · 22 January 2013
Global Infrastructure Partners and energy company Fortistar have acquired the bankrupt Texas power generation plant, Channelview, after US courts approved the deal last month.
2 min read · 22 January 2013
Millennium Group, a Hong Kong-based real estate investment firm, has partnered with Cambodia’s biggest mobile phone operator to build resorts, casinos and an airport on an island off the coast.
2 min read · 22 January 2013
The direct real estate business of Fidelity International, a subsidiary of the US institutional asset manager Fidelity, has hired Aymeric de Seresin from Jones Lang LaSalle. De Seresin will focus on France and Spain in particular.
1 min read · 22 January 2013
The Nordic special situations firm has seen an opportunity in a Swedish farmer-owned retailer, Granngården, which sells to pet lovers, householders and farmers. Granngården has 106 stores and 20 independent dealers in Sweden.
1 min read · 22 January 2013
The Connecticut-based placement agent has hired former Cengage Learning chief operating officer Jerry Elliott to take over some of the responsibilities of founder and CEO Charles Eaton. The firm has also appointed four executives to its private equity and real estate operations.
2 min read · 22 January 2013