The Chinese private equity firm was set up last year by former senior executives at Singapore's Temasek, which is an anchor investor in the fund.
1 min read · 22 January 2013
The £15bn UK charity is particularly interested in direct secondary deals as it manages and rebalances its alternatives portfolio, Peter Pereira Gray, Wellcome deputy chief investment officer, said at the PERE Forum in New York yesterday.
1 min read · 22 January 2013
The firm’s real estate vehicles generated earnings of $4m, down 20% from last year. It compares to a 78% drop in private equity earnings. The firm's real estate management fees increased 8% over the past year.
1 min read · 22 January 2013
The private equity giant has named Christopher Dodds as a senior advisor less than three months after the departure of financial services co-head David Zweiner. In related news, the firm also exited telecom company Crest Communications for $70m.
2 min read · 22 January 2013
Peter Pereira Gray, Wellcome deputy chief investment officer, said at the PERE Forum conference in New York that the £15 billion UK medical research charity is looking to buy private equity and real estate interests as well as sell, contrary to media reports.
1 min read · 22 January 2013
The Simsbury, Connecticut-based firm is targeting $750m for its latest real estate fund – the largest dedicated secondaries real estate vehicle ever. It comes amid a massive rise in LP demand for liquidity.
1 min read · 22 January 2013
Ticon, a Bangkok-listed property fund, is raising capital in the public markets in order to invest in factory and warehouse buildings throughout the country.
1 min read · 22 January 2013
Private equity, real estate and infrastructure are the asset classes most likely to see increased allocations from LPs, according to a trio of recent studies.
2 min read · 22 January 2013
Hank Paulson, US Treasury Secretary, said today buying troubled assets is not the most effective way to use TARP funds.
2 min read · 22 January 2013
Latin America is fertile ground for real estate GPs thanks to repricing in the wake of the credit crunch, according to JER president and COO, Michael Pralle speaking at the PERE conference in New York today.
1 min read · 22 January 2013