Charles Valdes, a CalPERS board member, received illegal campaign donations, some from affiliates of Alfred Villalobos, head of placement agency ARVCO.
2 min read · 21 January 2013
The alternative asset manager is the latest firm to hold a first close on its PPIP fund, reportedly raising $400m. Oaktree is the only manager yet to announce a first close.
2 min read · 21 January 2013
With investor confidence sapped following the Dubai government's decision to seek a six-month “standstill” on the debt of Dubai World and Nakheel, Jones Lang LaSalle says the real danger is sovereign – not corporate – default.
3 min read · 21 January 2013
The California Public Employees' Retirement System is reportedly weighing its future relationship with asset manager BlackRock following its investment in the New York Stuyvesant Town deal.
2 min read · 21 January 2013
In its Outlook 2010 briefing, UK-listed asset manager Aberdeen Asset Management, says given the rise of equities this year and general continued economic uncertainly, a ‘degree of diversification’ into real estate markets seems to be an attractive proposition.
2 min read · 21 January 2013
Unite Group, the London and Bristol-based student accommodation investor and fund manager, registers an uptake in capital commitments from institutions.
1 min read · 21 January 2013
Pending a review of its policies by Governor-elect Chris Christie, the state will not make any new commitments to its alternative investment programme.
3 min read · 21 January 2013
The pension fund of UK local authority, Bath & North East Somerset Council, is taking advantage of the repriced US core real estate debt market via Partners Group.
1 min read · 21 January 2013
Canada Pension Plan Investment Board president David Denison credited ‘the continued strength in the equity markets’ for the increase. Real estate posted essentially flat returns in the three months to the end of September
2 min read · 21 January 2013
Treating placement agents as lobbyists under California law would impose the proper limitations on the practice, CalPERS’ president Rob Feckner wrote in a letter to the pension’s board.
3 min read · 21 January 2013
