The country’s Ministry of Finance sets rules governing how the sovereign wealth fund will invest 5% of its portfolio in real estate. The fund can target unlisted funds but mainly in developed markets.
3 min read · 24 January 2013
Brookfield Asset Management has been named global firm of the year in the PERE Awards 2009. Normandy Real Estate Partners, Partners Group and MGPA have taken the titles in North America, Europe and Asia. Here we present a full list of the winners.
4 min read · 24 January 2013
The Los Angeles-based private equity real estate firm is targeting at least $500m for the vehicle.
1 min read · 24 January 2013
As limited partners assess current and potential future fund manager relationships, advisors say performance alone can no longer be a “differentiator” between GPs.
1 min read · 24 January 2013
The Chevy Chase, Maryland-based firm has closed its seventh fund targeting Washington DC debt and equity opportunities.
1 min read · 24 January 2013
Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, has joined forces with Bahrain-based investment house Arcapita Bank to invest in real estate sectors including warehousing and healthcare.
2 min read · 24 January 2013
A 1999 fund, which was launched when MGPA founders were still at Australian firm Lend Lease, has returned more than 2x equity multiple to investors
1 min read · 24 January 2013
In relation to the pay-to-play scandal, Ares and Freeman Spogli have signed on to New York Attorney General Andrew Cuomo’s code of conduct that prohibits the use of placement agents.
3 min read · 24 January 2013
Ares Management and Freeman Spogli & Co. have signed on to New York Attorney General Andrew Cuomo’s placement agent code of conduct.
3 min read · 24 January 2013
Placement agents are once again allowed to interact with New York City pension systems – so long as they comply with strict accreditation and disclosure rules.
3 min read · 24 January 2013
