As part of the agreement, the general partner responsibilities of the $2.65bn Asian Real Estate Opportunities Fund are expected to transfer to Blackstone.
4 min read · 24 January 2013
Recently-passed finance reform will put a spotlight on how private equity real estate managers market to new and existing investors. PERE Magazine October issue 2010.
3 min read · 24 January 2013
New Mexico’s $14bn oil and gas endowment, a long-time investor in private equity, hasn’t made a commitment since early 2009. SIC wants to commit to six funds over the next 12 months.
2 min read · 24 January 2013
LIDIS, the Sydney-based real estate investment firm, is to kick off fundraising on its sixth private equity real estate fund, aiming to corral $400 million for investments in Sydney and Brisbane.
2 min read · 24 January 2013
In a recent meeting, a San Diego pension offered a rare glimpse at internal rates of return and performances of two heavy-hitting infrastructure investors – Global Infrastructure Partners and Macquarie Infrastructure Partners.
3 min read · 24 January 2013
Stephen Moseley, a former co-president of advisory firm PCG Capital Partners, is suing his former employer for 'fraudulent business practices'.
3 min read · 24 January 2013
Closed-ended real estate funds are spending an average of 400 days in market but are corralling just 12 percent of their target equity commitments.
2 min read · 24 January 2013
Hines closes another Brazil real estate account with the California Public Employees pension fund. CalPERS has invested more than $380m to target Brazil with Hines over the past five years.
2 min read · 24 January 2013
The initiatives are among several – including support of a state bill forcing placement agents to register as lobbyists – designed to ‘restore confidence, integrity and accountability’.
3 min read · 24 January 2013
The $34bn public pension plan admits it is ‘not at all optimistic’ about the short-term future of real estate equity deals as it looks to separate accounts targeting new debt originations with LTVs of between 50% and 75%.
2 min read · 24 January 2013
