Dominic Petrucci, former chief operating officer of Cornerstone Real Estate Funds, has joined the firm as chief financial officer.
1 min read · 22 January 2013
Institutional investors are ramping up their commitments to distressed debt funds, but which asset class they fit into becomes complex when those commitments end up in credit vehicles raised by traditional buyout firms, according to CalSTRS CIO Chris Ailman.
2 min read · 22 January 2013
As the vast Brazilian real estate market becomes saturated with GPs both large and small, prime properties are being gobbled up at a frenzied pace. As with other BRIC markets, development is now the name of the game. By Eva Poon
10 min read · 22 January 2013
Kim Ho-Shik, the ousted former president of South Korea's $230bn National Pension Service, has joined the advisory board of the Singapore-based real estate investment firm.
4 min read · 22 January 2013
The growth story of the summer has been in Asia, with many firms opening new offices and making hires to manage the rapidly increasing amount of capital dedicated to the East. The type of structures and personnel they are choosing says much about their strategy going forward. By Dave Keating
6 min read · 22 January 2013
Superannuation funds have become the most prominent investors in Australia based on record inflows of retirement savings—and the ‘supers’ are acquiring a taste for greater risk and overseas assets. By Robin Marriott
7 min read · 22 January 2013
If Washington increases the tax on carried interest, private real estate investors and REITs could take a big hit. By Aaron Lovell
5 min read · 22 January 2013
BlueOrchard Private Equity, halfway to its fundraising target of $220m, will invest in partnerships with microfinance organisations throughout the developing world.
1 min read · 22 January 2013
The sovereign fund has doubled its profits to S$18.2bn although the size of its real estate portfolio has fallen by two percent in the past year. As the credit market fallout continues, Temasek has indicated it will continue to do direct deals in financial services.
2 min read · 22 January 2013
The Indian real estate fund has invested in one of the first ‘green’ developments in India, being built by the 3C Group in Noida.
1 min read · 22 January 2013
