Michael Clarke, who was at Schroder Property for 18 years, has set up an advisory firm. Meanwhile, Jenny Buck, global head of Schroders’ property multi-manager business has also left the company
1 min read · 24 January 2013
KingSett and AIMCo, the consortium of Alberta pensions and endowments, acquire ING’s 50% stake in an industrial fund for $1.9bn – along with the fund’s management platform, ING Real Estate Canada.
2 min read · 24 January 2013
The pension’s head of alternative investments, already on administrative leave, has resigned amid an ongoing placement agent investigation. CIO Joseph Dear will take over his role until a replacement is found.
2 min read · 24 January 2013
Real estate funds currently in market have secured just 10 percent of their targeted capital commitments as LPs sense there’s no penalty in waiting to invest.
3 min read · 24 January 2013
IR veteran Maryfrances Metrick will join the Blackstone spinout in October amid fundraising for the firm’s second fund, targeting $3.75bn.
1 min read · 24 January 2013
Nick Tyrrell, who was head of research and strategy at JP Morgan’s European real estate group, has died after a prolonged illness
1 min read · 24 January 2013
The Hong Kong-based private equity real estate, founded by brothers Goodwin and Kenneth Gaw in 2005, says it will ‘steer clear’ of tier one cities in China and primarily target second and third tier cities instead.
2 min read · 24 January 2013
PREI was one of four real estate firms seeking to raise $1.3bn from Mexican pensions via the country’s stock exchange.
2 min read · 24 January 2013
The Canadian pension and Australian sovereign wealth fund have injected A$375m each into recapitalising Colonial First State’s open unlisted retail vehicle, after original investors called it a day at the expiration of the fund.
3 min read · 24 January 2013
The Washington State Investment Board’s private equity team will seek to replace Brian Roberts, who is leaving the pension fund next week.
1 min read · 24 January 2013
