The Swiss-based bank wants to diversify its capital sources to mitigate the ‘concentration risk’ of its current real estate investment management platform, stating it is too dependent on fresh capital in the US, Switzerland and Japan.
4 min read · 28 August 2013
The $75.64 billion pension plan has reached an agreement to sell a nearly $1 billion portfolio of real estate fund interests to a new entrant to the secondary market.
3 min read · 28 August 2013
The $9.2 billion pension plan’s new director of private markets will oversee the team investing in private equity, real estate and real assets, including infrastructure.
1 min read · 28 August 2013
The New York pension system has sold its 50 percent stake in the IN Retail Fund to its partner, Inland Real Estate.
2 min read · 28 August 2013
The $5.95 billion pension system has contributed a total of $60 million to closed-ended vehicles managed by Invesco and Long Wharf.
2 min read · 28 August 2013
A growing direct real estate portfolio in Brazil is a major reason that Singapore’s sovereign wealth fund has decided to establish its first Latin American location, for which it recently hired initial property staff.
3 min read · 28 August 2013
Early evidence of capital arriving in Europe from the A$1.5 trillion Australian superannuation industry arrives as a $A60bn fund picks Henderson Global Investors for an emerging UK retail property strategy.
3 min read · 28 August 2013
The state’s municipal retirement plan approved two commitments of $100 million each to Blackstone’s first Asia-focused fund and its latest real estate debt fund.
2 min read · 28 August 2013
The Chinese private equity real estate firm, backed by some of the country’s most prominent businessmen, is hoping to haul RMB6 billion for a property fund investing in mainland China, and it is thinking of raising its first US dollar fund too.
2 min read · 28 August 2013
The Denver-based investment firm will make value-added investments in all property types across the US on behalf of the $62.2 billion pension plan’s new account.
2 min read · 28 August 2013
