The fund managers have raised more than $100m each from investors to recapitalise Stockbridge’s $1bn Fund II and RREEF’s $1.6bn Global Opportunities Fund II. The rescue capital comes through two different structures: a preferred equity infusion and a new debt facility.
3 min read · 24 January 2013
A high-ranking CalPERS private equity official allegedly asked Apollo's Leon Black in 2006 to bring investment opportunities directly to him, rather than using 'third parties'.
4 min read · 24 January 2013
There was just one opportunistic real estate fund targeting more than $1 billion in equity commitments in the first six months of 2010, in a sign the industry is scaling down its fundraising efforts.
2 min read · 24 January 2013
The pre-2008 trips – paid for by private equity and real estate GPs – related only to firms in which the US pension owned a management stake or on whose LP advisory boards it sat.
4 min read · 24 January 2013
The US firm has taken over the investment management of a UK ground rents vehicle from UBS Global Asset Management following a move by three fund managers.
1 min read · 24 January 2013
Lanhee Yung has joined the Greenwich, Connecticut-based firm to co-lead the firm’s global fundraising and investor relations activities.
2 min read · 24 January 2013
The apparent public outrage over CalPERS staff travel makes one wonder: do California pensioners want their global assets managed by under-resourced homebodies? David Snow explores.
3 min read · 24 January 2013
Algemene Pensioen Groep, the Dutch pension fund with approximately €250 bn of equity under management, wants to benefit more from the region’s growth story, according to a report by Bloomberg.
2 min read · 24 January 2013
Ohio Public Employees Retirement System is believed to have invested hundreds of millions of dollars in the venture, which will target floating rate first mortgages in the US.
1 min read · 24 January 2013
The pre-2008 trips – paid for by private equity and real estate GPs – related only to firms in which the US pension owned a management stake or on whose LP advisory boards it sat.
4 min read · 24 January 2013
