The US’ third largest public pension generated overall returns of 25.9% in the year to the end of March – however real estate was the only loss-maker, returning -27.8%.
2 min read · 24 January 2013
The creation of consistent rules for a compelling, apples-to-apples ranking of the largest investors in the asset class caused us to reach further and dig deeper than any other ranking of infrastructure investors ever before.
5 min read · 24 January 2013
The New York-based private equity real estate firm is expected to continue investing in Japan and China from the capital raised for its fourth opportunity vehicle.
2 min read · 24 January 2013
The Italian company, which is being primed for a takeover, is changing its name to Prelios.
2 min read · 24 January 2013
Alan Bear has joined the principal real estate advisory and investment arm of Alvarez & Marsal as managing director to help grow the platform and source capital for asset and portfolio-level recapitalisations.
1 min read · 24 January 2013
The $198bn pension has been negotiating with external managers for fee cuts, and has slashed an additional $99m in fees from managers including 13 real estate managers.
2 min read · 24 January 2013
The New York-based firm, which is preparing to raise its third fund, may seek out a large investor to buy a stake in its management company and anchor its fundraise.
2 min read · 24 January 2013
The Netherlands-based company is offering European insurance companies the chance to invest in its 14 in-house property funds in the region via an open-ended core vehicle
1 min read · 24 January 2013
The New York-based firm has started to invest MSREF VII Global –primarily targeting the US, Western Europe and Japan – after allowing LPs to reduce commitments to the new fund. In an exclusive interview with PERE, the firm said: ‘There is a real chance to make a lot of money for our investors’.
3 min read · 24 January 2013
Placement agent Alfred Villalobos has accused California’s attorney general of trying to ‘deprive’ him of the means to support himself and prepare a defense.
2 min read · 24 January 2013