The Los Angeles-based firm teamed up with the Cogsville Group to beat three rivals for the portfolio of 1,660 loans.
2 min read · 24 January 2013
daVinci founder Osamu Kaneko's reign as president has ended as Fortress has bought $230m of its debt, Nikkei reported.
2 min read · 24 January 2013
The nation's two largest public pensions are responding to increased private equity and real estate workloads by adding staff positions to better manage GP relationships.
3 min read · 24 January 2013
The UK’s £3.9bn pension lifeboat, which earlier this year created a 20% allocation to alternatives, will hire managers to run a credit strategy within the alternatives carve-out.
1 min read · 24 January 2013
The Leon Black-led firm, which filed an IPO earlier this year for up to $50m, has hired Gene Donnelly to fill the position left by Kenneth Vecchione.
1 min read · 24 January 2013
The latest fund from Blackstone's credit-focused affiliate has already invested roughly $600m in seven different companies.
2 min read · 24 January 2013
DTZ Investment Management, the real estate investment management arm of global property services firm DTZ, is preparing its first Asia real estate fund ahead of a September launch.
2 min read · 24 January 2013
Troubled Japanese private equity real estate giant daVinci Holdings has ceded control of its platform to Fortress Investment Group, after the New York-based alternative investment firm bought $230m of its corporate debt. The deal brings the reign of founder Osamu Kaneko as president to an end, Nikkei reported.
2 min read · 24 January 2013
Sundaram Rajagopal has been appointed managing director in charge of the firm’s acquisitions and asset management in India, after four years at Lehman Brothers.
2 min read · 24 January 2013
Of the $179bn of assets managed last year by the world’s top 50 infrastructure funds, $109bn – or about 61% – correspond to mandates on behalf of pension funds, reports a survey by Towers Watson and the Financial Times. Macquarie manages the largest amount of pension assets of all alternative asset class managers, at $52bn.
2 min read · 24 January 2013
