Mark Wiseman has been promoted to a newly-created position of investments executive vice president at the Canadian pension, in charge of real estate, private and public investments.
2 min read · 24 January 2013
The pension has investments in its pipeline that could bring its total commitments to the asset class to $1bn or more by early 2010. CalPERS has already invested $700m to the asset class.
2 min read · 24 January 2013
Veteran CalPERS board member Charles Valdes is not running for re-election, and will be replaced by the pension's real estate investment officer Joseph Jelincic. Jelincic received 51% of the votes in a run-off election.
2 min read · 24 January 2013
A PPIP fund raised by The TCW Group has been withdrawn following the departure of the firm’s chief investment officer Jeffrey Gundlach, which triggered a key-man clause. Investors can transfer investments to other public-private investment programme managers.
2 min read · 24 January 2013
A heated battle has emerged for PERE’s prestigious title of global industry figure of the year between Lone Star’s John Grayken, Starwood’s Barry Sternlicht, CIC’s Lou Jiwei and Vision Brazil Investment’s Rodrigo Abbud.
2 min read · 24 January 2013
Interviewed at the PERE Breakfast Club: ULI 2009, Sharon Ann M. Miller, managing director of Rockwood Capital, and Apollo Global Real Estate principal Kenneth Picache, reflect on a year of uncertainty.
2 min read · 21 January 2013
Interviewed at the PERE Breakfast Club: ULI 2009, John Kukral, president of Northwood Investors, and Partners Group’s chief strategist for private real estate, Nori Gerardo Lietz, argue surprises are in store for GPs in 2010.
2 min read · 21 January 2013
After a wave of blind pool mortgage REITs hit the public market this summer, retail and institutional investors became more selective about the firms they backed. That will continue into 2010, argues Mayer Brown’s Ed Schneidman.
4 min read · 21 January 2013
The firm, originally founded as a portfolio company of Warburg Pincus in 2004, has launched its first discretionary fund, Racebrook Capital Partners. The vehicle is focused on distressed debt and equity opportunities in North America, particularly non- and sub-performing whole loans.
2 min read · 21 January 2013
The Indian firm has now raised a total of $350m for its third fund from domestic investors.
2 min read · 21 January 2013
