The $45.4bn Pennsylvania Public School Employees Retirement System has joined New Jersey in withdrawing planned commitments to funds, including Beacon, Carlyle, Stockbridge and Mesa West.
1 min read · 21 January 2013
Last year the firm raised $10bn for two tandem real estate and distressed investment funds. This year it aims to double the dry powder with two similarly inclined vehicles.
1 min read · 21 January 2013
The New York-based firm is raising $3bn for its financial services-focused fund. TPG and JC Flowers are also looking to invest in the sector.
2 min read · 21 January 2013
US distressed investor Oaktree Capital Management is reportedly interested in rescuing the UK’s largest estate agency from the brink of collapse. Apollo acquired the firm at the height of the UK housing bubble for £1bn.
2 min read · 21 January 2013
Dubai International Capital and Dubai Group have been placed into the same holding company, while the debt-laden emirate has also combined back office functions for its three real estate entities.
2 min read · 21 January 2013
The Greenwich, Connecticut firm says 15 investors signed commitments for the vehicle which is targeting debt and equity deals in listed and unlisted real estate operating companies.
1 min read · 21 January 2013
Japanese private equity real estate firm KK daVinci sees its equity raising plans and the value of its assets under management hit by worsening market conditions in Japan.
2 min read · 21 January 2013
David Glickman has joined Pension Consulting Alliance as managing director to help growth the firm’s real estate operations.
1 min read · 21 January 2013
Cezary Podkul discusses the top ten insights garnered at PEI's Infrastructure Investor Forum in Berlin.
4 min read · 21 January 2013
Shake-up as Morgan Stanley’s New York-based global head of real estate investments is placed on ‘administrative leave’ with no date to return to his post. Owen Thomas, head of Morgan Stanley Asia, has taken over the role in the meantime, according to reports.
2 min read · 21 January 2013
