The Saudi petrochemical conglomerate has continued its push into property, establishing a joint venture with Singapore investor Yusof Wahid to invest in East Asian property.
1 min read · 22 January 2013
The heir to the British throne has appointed Credit Suisse to raise capital from Middle East investors for his new property fund, Tellesma. The fund follows on from Prince Charles' 400-acre sustainable development project, Poundbury.
1 min read · 22 January 2013
The $82bn Washington State Investment Board, known for its bullish stance on alternatives, had a minus two percent first quarter return on its private equity portfolio, while real estate underperformed against its benchmark. Executive Director Joseph Dear says ‘we’re in this asset class to stay’.
2 min read · 22 January 2013
Alternative assets managed by the world’s top 99 investment managers on behalf of pension funds grew by 40 percent over the past year, according to consulting firm Watson Wyatt.
2 min read · 22 January 2013
Alternative assets managed by the world’s top 99 investment managers on behalf of pension funds grew by 40 percent over the past year, according to consulting firm Watson Wyatt. Real estate managers occupied the top nine positions, managing 62 percent of pension fund assets.
2 min read · 22 January 2013
The listed European developer that Denver-based ProLogis floated in 2006 is on its way to delivering on a promise to invest €900 million in ProLogis European Properties fund II (PEPF).
1 min read · 22 January 2013
Scott Nuttall, the head of KKR’s financial services group, will also oversee fundraising and broker-dealer activities, while Todd Fisher, co-founder of the firm’s London office, will fill a newly created role of chief administrative officer. Perry Golkin will narrow his investor relations activities.
2 min read · 22 January 2013
The summer recess will give time for the government to refine its plans, which critics have said could lead to an industry exodus to more favorable neighboring jurisdictions.
2 min read · 22 January 2013
The number of funds targeting less than $1 billion of equity commitments has increased by almost one fifth to 128 in the first quarter of this year, with managers’ focus firmly pointed towards Asian real estate, according to research by New York-based fund of funds Clerestory Capital Partners.
2 min read · 22 January 2013
Hong Kong tycoon Li Ka-shing’s firm will mainly focus on the main cities in China, Singapore, Hong Kong and Malaysia, but also look to Taiwan, Thailand and Vietnam. With leverage, ARA has a potential $5bn to invest.
1 min read · 22 January 2013
