LP Capital, a California-based firm that is also one of CalPERS’ advisors, beat out StepStone to replace Portfolio Advisors as the US pension’s private equity gatekeeper.
1 min read · 22 January 2013
The former chief executive officer of Credit Suisse asset management, David Blumer, will be replaced by Rob Sharif after taking up a new role as head of financial markets at Swiss Re.
2 min read · 22 January 2013
The pension’s overall annual return of 4.5 percent – its lowest return in five years – was boosted by alternatives. Teachers’ annual report said real estate was the highest performing asset class returning 14.7 percent.
3 min read · 22 January 2013
The China Securities Regulatory Commission has taken steps to give the country’s securities firms access to the private equity market, as China continues to formalise its regulation of domestic private equity.
2 min read · 22 January 2013
The Maine Public Employees Retirement System is considering moving into alternatives including private equity, hedge funds and global real estate.
1 min read · 22 January 2013
The New York Common Retirement Fund has taken a 51% stake in Public Storage’s Shurgard Europe operations.
1 min read · 22 January 2013
The Canada Pension Plan Investment Board will invest in Noble Environmental Power for wind park development.
1 min read · 22 January 2013
The listed European company has taken another step on the way to investing a total of €900 million in the distribution facilities private equity real estate vehicle, PEPF.
1 min read · 22 January 2013
The pension fund, which owns direct and indirect property holdings, has teamed up with London real estate company Great Portland Estates to create a mixed use block.
1 min read · 22 January 2013
Former Goldman Sachs managing director Joseph Stecher is tasked with heading Morgan Stanley Alternative Investment Partners' new real estate fund of funds business.
2 min read · 22 January 2013
