The $90.9 billion pension system has appointed David Gillan to oversee its $15 billion real estate investment portfolio, as his predecessor now becomes head of private equity.
2 min read · 27 August 2013
In response to a scandal, PRC regulators have halted the sale of private equity products through brokerages and banks, which is expected to significantly impact domestic fundraising.
2 min read · 27 August 2013
The $21 billion state workers compensation program has made its first value-added real estate investment for its portfolio as part of its plan to commit $50 million each to eight non-core real estate funds over the next three years.
2 min read · 27 August 2013
Pension funds have been ramping up exposure to alternatives – with some of the world’s largest pension markets recording a rise in average allocations to 19 percent from 5 percent. Consultancy Towers Watson is ‘confident’ the numbers will keep rising.
2 min read · 27 August 2013
The New York-based private equity real estate firm has wrapped the third round of fundraising for its evergreen vehicle, which now has raised some $2.8 billion in capital.
2 min read · 27 August 2013
The Government of Singapore Investment Corporation has agreed to underwrite £1 billion of loans sourced by London-based Laxfield Capital.
2 min read · 27 August 2013
The Connecticut-based fund of funds manager is back in the market with a new fund seeking $400 million to invest in opportunistic and value-added real estate vehicles as well as secondaries.
1 min read · 27 August 2013
Through Pearlmark Mezzanine Realty Partners IV, the Chicago-based real estate firm is looking to raise $400 million for real estate debt opportunities in the US and Canada.
2 min read · 27 August 2013
The private equity real estate business of investment bank Morgan Stanley has devised a plan to resolve the future of the one fund on its books that stands to contravene the Volcker Rule and has put it to an investor vote.
3 min read · 27 August 2013
The $13.6 billion pension plan has contributed $60 million to the PRISA open-ended core fund and $25 million to the PRISA III open-ended value-added fund. Its commitment to PRISA III is being funded partially by cashing out of PRISA II.
2 min read · 27 August 2013
