The $35 billion pension system has committed the exact amount for which the Greenwich, Connecticut-based firm is offering fee breaks on its latest fund, which recently held a first close on $1.2 billion.
1 min read · 17 January 2013
The role of global head of business development has cropped up in several places of late, due in part to firms realising that their businesses cannot live by fundraising alone.
2 min read · 17 January 2013
The New York-based alternative asset manager’s year-end loss in its real estate business included a $15.4 million fourth-quarter net loss and contributed to the firm’s overall $300 million net loss for the year.
2 min read · 17 January 2013
The Swiss-based financial services firm already has acquired two UK properties on behalf of the £193 million value-added and core fund.
2 min read · 17 January 2013
The $14.3 billion pension plan has selected two managers for real estate fund of funds mandates.
1 min read · 17 January 2013
The partners aim to buy large assets around the world, giving clients of Swiss-based Quantum Global access to the asset class.
2 min read · 17 January 2013
The firm has expanded its LP base from 275 to 400 in an effort to expand beyond its private equity roots, which includes real estate.
2 min read · 17 January 2013
The all-Chinese joint venture has raised almost half of the $500 million targeted for its second residential development fund, Harmony China Real Estate Fund II.
2 min read · 17 January 2013
The brainchild of ex-Morgan Stanley Real Estate Investing triumvirate Sonny Kalsi, John Carrafiell and Fred Schmidt has enjoyed early capital raising successes, closing its US fund on $300m and holding a first closing of $200m for its Japan effort.
3 min read · 17 January 2013
The Sydney-based real estate fund manager continues to raise capital for its core-plus Australia funds as investors seek to take advantage of Australia’s lowered interest rate environment.
2 min read · 17 January 2013