The real estate arm of global asset management group Franklin Templeton Investments holds a final close for its Asian multi-manager product.
1 min read · 21 January 2013
State Universities Retirement System of Illinois has committed $75m to AVP Partners’ fund of funds, marking the start of a new investment strategy in the sector.
1 min read · 21 January 2013
Michael Sabia, the ex-CEO of BCE who worked on the failed take-private of the Canada telecoms company, has been appointed president of the C$120.1bn Caisse de dépôt et placement du Québec.
1 min read · 21 January 2013
The secondaries advisor and placement agent has been approaching large investors about a vehicle that allows clients to 'share' capital calls with cash-strapped LPs.
2 min read · 21 January 2013
A recent poll of institutional and private investors has revealed that a number of participants are scaling back their commitments to alternatives and planning to stay out of the market for the near term.
1 min read · 21 January 2013
The $97bn pension, which has seen the value of its assets plunge by about $30bn since last summer, increased its upper limit allocation ceiling to the asset class to 7 percent from 5 percent in December to alleviate over-weighting.
1 min read · 21 January 2013
2008 was the worst year in the history of the Government Pension Fund. Norway’s ministry of finance said the results were not ‘satisfactory’. Last year, the fund was given the go-ahead to increase its real estate allocation to 5% and has since been building up its expertise in the field.
2 min read · 21 January 2013
Investor sentiment is on the decline as the region suffers from a decline in petro dollar surpluses coupled with the wider global economic turmoil.
2 min read · 21 January 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 21 January 2013
It’s yet another sign that the balance of power has shifted to LPs from GPs – at least one new US fund is being structured whereby the capital commitment of the GP is subordinated to that of the LP.
2 min read · 21 January 2013
