Ohio’s $76 billion pension system wants to hire a consultant to assist in the auditing and ranking of its private equity and real estate portfolios.
1 min read · 18 January 2013
A partnership between the $240bn pension system and the global real estate asset manager has generated a 60% IRR and $160m in profits. The fund closed after selling its office, residential and logistics projects in São Paulo, Rio de Janeiro and Curitiba.
2 min read · 18 January 2013
Hamburg-based ECE group has raised most of the equity for its first ever fund with a final close expected this summer. The Government of Singapore Investment Corporation is understood to be among investors in the prime shopping centre vehicle.
2 min read · 18 January 2013
Through its real estate platform, Ask Property Investment Advisors, the Mumbai-based financial services group has brought its second real estate fund to the market with initial capital of $115 million.
2 min read · 18 January 2013
The First and Second Swedish National Pension Funds of Sweden are calling their direct property investment company, Cityhold Property AB, and have hired former CLS Holdings MD, Per Sjöberg, to run it.
2 min read · 18 January 2013
Fund of funds platform hires senior Grosvenor man in Asia to help it expand its operations in the region.
1 min read · 18 January 2013
Korea’s penchant for core offices in London continues as the Public Officials Benefit Association selects ING Real Estate Investment Management for an investment programme.
2 min read · 18 January 2013
The John Grayken-led firm closed its second real estate fund at the end of May and is expected to close its seventh distressed debt fund in July on roughly $4.5bn.
2 min read · 18 January 2013
As California’s Fair Political Practices Commission investigates 49 CalPERS investment staff for gift reporting, CalSTRS officials, including Mike DiRe, have personally signed a letter saying they ‘stand by and support’ their counterparts.
2 min read · 18 January 2013
New York Comptroller Thomas DiNapoli proposed legislation that would permanently ban the use of placement agents in New York’s $140bn pension fund.
2 min read · 18 January 2013
