The multi-manager business of CBRE Global Investors has stepped away from the traditional fund of funds model as it raises $250 million for an Asia-focused investment vehicle. The Asia Alpha Plus Fund II has a completely pre-specified investment strategy that includes no fresh equity commitments to new underlying funds.
2 min read · 18 January 2013
Aviva Investors and Secured Capital have confirmed the launch of their blind pool investment club alongside early equity commitments from Aviva Investors’ parent, the London-based Insurer Aviva, and Dutch pension fund manager, PGGM Investments
3 min read · 18 January 2013
The San Francisco-based real estate firm is said to be oversubscribed for its fourth fund, which will focus on the acquisition and repositioning of multifamily properties.
2 min read · 18 January 2013
Listed French real estate company, Altarea Cogedim, has beaten its original fundraising target by collecting €600m of commitments for a Paris office vehicle seeking mid-teen returns.
2 min read · 18 January 2013
If you are contemplating raising a fund, you need to read this. Alan Pardee, globetrotting managing partner of Mercury Capital Advisors, explains what he is finding out on behalf of GPs looking for capital.
5 min read · 18 January 2013
An INREV study has declared that there is a ‘real focus’ on reducing the fee burden for funds of funds, with management fees being the clear target.
2 min read · 18 January 2013
The New York-based financial services firm plans to match the amount of capital it raised for its first European opportunity fund in 2008.
2 min read · 18 January 2013
CY Leung, DTZ’s chairman in Asia Pacific, has handed in his notice at the firm in order to run for chief executive of Hong Kong in next year’s election. Leung merged his Chinese property services company CY Leung & Co into DTZ in 2000 providing the London-based firm with a strong footing in the Chinese market.
2 min read · 18 January 2013
Tokyo-based Secured Capital and London-based asset manager Aviva Investors are plotting the introduction of a hybrid investment vehicle focused on Japan offices. The blind pool club would have characteristics of traditional blind pool funds and non-discretionary investment clubs.
2 min read · 18 January 2013
The real estate division of UBS Global Asset Management won a tender for a multi-manager mandate from Germany’s Bayerische Versorgungskammer that has a wide range of investment possibilities.
1 min read · 18 January 2013
