The $17.6bn public pension is looking to invest up to $300m in one or several core, commingled funds as it makes its debut into the asset class.
1 min read · 24 January 2013
The firm co-founded by Olmstead (pictured), Gille and Sagy is targeting $300m for its debut institutional vehicle, which is focused on value-added office investments in San Francisco, Portland and Seattle.
2 min read · 24 January 2013
The asset management unit – formed in September in the wake of Centerbridge’s acquisition of GMAC’s resort finance business – taps Mitchell of Ally Financial to help lead the firm, adds five other senior execs
2 min read · 24 January 2013
The Philadelphia-based firm has secured $100m from the New Jersey Division of Investment as it raises a co-investment vehicle to sit alongside its $2bn Fund VI. However, the co-investment fund will only be allowed to invest in new deals.
2 min read · 24 January 2013
The Indian financial services firm will pay $171.5m for a majority stake in the private equity and real estate fund of funds manager. Religare bought a stake in multi-manager Northgate Capital earlier this year.
2 min read · 24 January 2013
Capital is flooding into Latin America with Brazil firmly at the centre of the action
5 min read · 24 January 2013
Experts warn that a new European regulation could force opportunity and other leveraged real estate funds to post cash collateral against their interest rate hedges and potentially even lead to large cash calls upon their limited partners
3 min read · 24 January 2013
GI Partners, RREEF take over running the 47m sq. ft. CalEast portfolio on behalf of the California public pension following poor performance during the past three years. GI hires ex-KKR real estate head John Saer to run the deal.
2 min read · 24 January 2013
Marc Spilker has been named Apollo Global’s first-ever president, in the firm's latest 'institutionalisation' move ahead of a public listing.
2 min read · 24 January 2013
The former Morgan Stanley and John Buck Company executive aims to tap into India’s growing residential and hotel sectors via investments alongside joint venture partners, but may also invest more widely via shares in Indian property companies.
2 min read · 24 January 2013
