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
With some $22bn in uncalled commitments, the California pension will work to enter customised, low-fee partnerships and co-investment vehicles with select GPs.
2 min read · 24 January 2013
Investors who can’t afford to suffer further losses are cautioned over investing in the asset class amid warnings there is ‘no such thing as a no-risk deal’ today. High returns demand meaningful risk, say Hodes and Weill.
2 min read · 24 January 2013
More than 85 percent of real estate fund managers believe the investment opportunities will increase significantly at the end of this year. However in order to get there GPs must start prioritising which legacy assets to save and ‘nuture’ existing investors.
2 min read · 24 January 2013
The European association is looking into how many funds protect investors’ rights when the fund manager sells co-investment in the vehicle
1 min read · 24 January 2013
The $11bn teachers pension system will continue to increase its allocation to real estate and private equity eyeing new fund commitments this year – but only if they’re the right deals.
1 min read · 24 January 2013
Jim Quille, chairman and chief executive officer of MGPA added his name to the growing list of fund managers who doubt how widespread ‘investment club’ structures will become. Today, he shared his thoughts with PERE on-stage
2 min read · 24 January 2013
