The Los Angeles-based firm has closed its second debt vehicle more than $200m over-target after raising commitments from 25 investors.
2 min read · 24 January 2013
State legislators, after considering raising the tax rate on carried interest for fund managers that work in New York but live outside the state, have let the idea fall by the wayside.
2 min read · 24 January 2013
David Snow explains why Goldman’s huge principal investment area will remain safely in-house.
3 min read · 24 January 2013
The government has eliminated its previous 5%, 15% and 25% cap on pension plan investments in real estate and Canadian resource properties, with expectations the rule could result in rising allocations to the asset class.
2 min read · 24 January 2013
The Shanghai-listed company will commit around $44m to Blackstone’s maiden RMB-denominated fund, which aims to raise roughly $735m.
1 min read · 24 January 2013
The Townsend Group principal Adam Calman talks about how his firm's investors are tackling the question of what investment structure works best. He shares this thoughts on various models Townsend is adopting on the sidelines of last week's PERE Forum: Europe.
1 min read · 24 January 2013
The 'Volcker Rule's' impact on private equity may not be felt until 2022, and its main effect could be to reduce banks' co-investment in alternative vehicles.
3 min read · 24 January 2013
The Sydney-headquartered firm will seek to raise ‘several hundred million dollars’ each for a private equity and real estate fund which are ‘risk-adjusted to Australia but reward-adjusted to China’.
2 min read · 24 January 2013
Unilever pension fund makes commitment of more than €70 million to the ING Dutch funds of ING Real Estate Investment Management’s European business. Unilever switched from investing in real estate directly to indirectly in January 2009.
1 min read · 24 January 2013
Morgan Stanley’s global fund of funds chief operation officer Paul Vosper, joins the asset management and research firm as it looks to raise an opportunistic real estate fund later this year
1 min read · 24 January 2013
