The US pension refuses to ‘sell at loss’, temporarily shifting 5% of its equities portfolio to private equity, real estate and fixed income to take advantage of distress.
2 min read · 24 January 2013
Through its joint venture hotel investment company with New York’s Host Hotels, the Singaporean sovereign wealth fund is preparing to increase its exposure to Indian hospitality assets.
1 min read · 24 January 2013
The $242 billion National Pension Service of Korea is planning to grow its alternative assets allocation to more than 10 percent of total assets in 2014. The allocation represents a meteoric rise on the 3.8 percent target allocation set in 2008.
2 min read · 24 January 2013
The Chicago-based form has recruited a securities fund manager from Australia’s Challenger Financial Services
1 min read · 24 January 2013
The New York-based firm has appointed Arvind Bajaj to lead its acquisition and capital raising activities.
2 min read · 24 January 2013
The Steve Schwarzman-led firm, which reported a 35% rise in private equity profits over a six month period, will soon close its global buyout fund.
2 min read · 24 January 2013
The UK pension ‘lifeboat’ has hired Goldman Sachs, Pantheon, Hamilton Lane, Lexington, LGT, Partners Group and RREEF as advisors.
2 min read · 24 January 2013
Hewitt Associates’ plan to acquire EnnisKnupp will build out the firm’s investment consulting business, advising LPs on private equity, real estate and infrastructure investments. Hewitt will pick up several of EnnisKnupp’s large pension fund clients that allocate to private equity.
2 min read · 24 January 2013
The Zug, Switzerland-based private equity real estate firm has appointed Felicity Ambler from Aviva Investors as director of equity raising and investor relations.
2 min read · 24 January 2013
The New York-based private equity real estate firm is looking to buying a pool of distressed loans from Morgan Stanley’s balance sheet, with a face value of more than $1.1bn and backed by 30 properties in the greater Tokyo area.
2 min read · 24 January 2013