Vico Capital is among a handful of Irish firms operating in the US, partly encouraged by the weakness of the dollar and falling property prices.
2 min read · 22 January 2013
The $1.1 billion Baylor College of Medicine endowment fund in Texas says it is planning to commit up to 10 percent of its funds, around $100m, to the real estate asset class in a bid to secure long-term returns.
2 min read · 22 January 2013
The investment management firm’s second value-add vehicle will target investments in office, retail, industrial and multi-family properties throughout the US.
1 min read · 22 January 2013
The aerospace company’s $50.4 billion pension is shifting its allocation targets as it looks to reduce exposure to stock market volatility.
2 min read · 22 January 2013
Filings indicate that Apollo Real Estate will remain an independent entity as Apollo Global Management prepares to list shares.
3 min read · 22 January 2013
The mid-market buyout firm and fund of funds has recruited Dana Haimoff from JPMorgan as a partner, as Graphite’s listed investment trust trades at a discount on the public markets despite 14.3 percent net asset value gains in 2007.
2 min read · 22 January 2013
The Scandinavian country’s finance ministry has approved a plan for the state’s oil fund to begin investing in real estate, allocating 5 percent to property investment.
1 min read · 22 January 2013
Two Finnish pension funds and two funds of funds managed by UK investment manager Schroders have made commitments so far as Sonae Sierra aims to raise a shopping and leisure center vehicle.
1 min read · 22 January 2013
LP Capital, a California-based firm that is also one of CalPERS’ advisors, beat out StepStone to replace Portfolio Advisors as the US pension’s private equity gatekeeper.
1 min read · 22 January 2013
The former chief executive officer of Credit Suisse asset management, David Blumer, will be replaced by Rob Sharif after taking up a new role as head of financial markets at Swiss Re.
2 min read · 22 January 2013