The $51 billion pension system has committed $75 million apiece to the latest real estate funds from Angelo, Gordon & Co., Exeter Property Group and Bell Partners.
2 min read · 17 January 2013
Korea’s largest non-life insurance company reveals to PERE that it has devised an investment strategy for 2012 that, for the first time, includes putting its capital to work via funds alongside its main focus on direct investments in core property markets.
3 min read · 17 January 2013
The $12.33 billion pension plan has agreed to invest up to $80 million to two real estate funds managed by Clarion Partners and Fortress Investment Group.
2 min read · 17 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity, including real estate, a crucial part of the pension plan’s investment strategy. PERE Magazine, March 2012 issue
3 min read · 17 January 2013
The senior management team behind one of the largest French real estate deals of all time, the IPO of Germany’s first REIT and the largest sale and leaseback in Italian history, has bought itself out from a French bank to launch Captiva Capital Management.
3 min read · 17 January 2013
The transfer comprises 11 investments with over 90 assets in two funds covering 8 current jurisdictions.
2 min read · 17 January 2013
A bright spot in disappointing fourth quarter results as New York REIT, Vornado Realty Trust, says it has $416m of unfunded commitments left of its $800m private equity real estate fund, Vornado Capital Partners.
3 min read · 17 January 2013
The French insurer said it had raised €2 billion of fresh commitments on behalf of a strategy to make debt investments across Europe backed by prime property.
2 min read · 17 January 2013
Private equity interest in high-end London residential projects continues as The Carlyle Group acquires a 250 year head lease to a central London block.
3 min read · 17 January 2013
Record secondary deal volume is giving GPs the opportunity to broaden their investor base, according to panelists at Harvard Business School’s Venture Capital and Private Equity Conference.
2 min read · 17 January 2013