The presence of a large number of family offices in the Middle Eastern LP base underlines the importance of relationships in the region, writes Siddharth Poddar.
3 min read · 21 January 2013
Michael Nobrega also said at a speech in New York that the 2-and-20 compensation model no longer works and active infrastructure investing is the wave of the future. He urged pensions to make allocations to the asset class and to make them large enough to invest in big-ticket assets.
3 min read · 21 January 2013
Zoe Hughes reviews the best quotes from the first day of the annual PREA conference, taking place in Beverly Hills.
2 min read · 21 January 2013
Investing in a club structure, with a handful of like-minded investors, is preferable to the limited partnership model, according to a panel of large pension plans and sovereign wealth funds.
2 min read · 21 January 2013
The US government has no plans to launch another "large-scale" bailout programme for the commercial property sector, but could help through TARP if the industry faces serious problems, the PREA conference was told today.
2 min read · 21 January 2013
The Chicago-based investment manager is buying a property for close to €100 million from UK insurer Standard Life Investments.
1 min read · 21 January 2013
The Houston-based developer and fund manager has teamed with the real estate arm of the National Bank of Abu Dhabi as it seeks to increase its exposure to the region.
1 min read · 21 January 2013
The Chicago-based value-added fund manager has closed Heitman European Property Partners IV on €505m.
1 min read · 21 January 2013
A 1994 RFP from the pension to invest in inner-city neighbourhoods received a single proposal – from a firm controlled by Victor MacFarlane, who has now ‘resigned’ as the manager of the closely watched California Urban Investment Partners.
3 min read · 21 January 2013
General partners have to ‘open their minds’ to investor concerns about fees, control and transparency while limited partners have to move away from the ‘who’s to blame’ conversations, according to David Hodes and Doug Weill.
2 min read · 21 January 2013