The pension has investments in its pipeline that could bring its total commitments to the asset class to $1bn or more by early 2010. CalPERS has already invested $700m to the asset class.
2 min read · 24 January 2013
Jeffrey Gundlach allegedly set up his firm, DoubleLine Capital, using TCW’s client information.
2 min read · 24 January 2013
High-profile London estate agents Foxtons has undergone a capital restructuring that sees its lenders own the majority of the equity. BC Partners will reportedly inject less than £50m of fresh equity.
1 min read · 24 January 2013
Colliers International and FirstService Real Estate Advisors have merged to form the third largest property services firm in the world. Merger creates a business generating almost $2 billion in revenues annually.
1 min read · 24 January 2013
MVision, the private equity placement agent business led by Mounir Guen, has appointed Mitchell Sikora and Scott Arden from JT Partners to boost its real estate services offering.
1 min read · 24 January 2013
The Carlyle Group has found a ready buyer for a completed development in Lyon in the form of a German core property fund managed by RREEF
1 min read · 24 January 2013
The firm has obtained €42.5m of financing from Deutsche Pfandbriefbank to acquire the building. It accredited “deep analysis” of the leasing market as a key factor behing the purchase.
1 min read · 24 January 2013
Adding to the private equity momentum in Latin America’s largest economy, the firm will buy a majority stake in CVC Brasil, a major tour and travel company based in Santo Andre.
2 min read · 24 January 2013
Having declared its intent to invest heavily in major international city offices in September last year, Korea’s largest pension fund has reportedly continued its spending program with a large outlay for an office in Sydney.
1 min read · 24 January 2013
Jan Meulenbelt, the new global head of ING’s global multi-manager platform, plans to allow investors to invest in separate European, US and Asia Pacific vehicles.
1 min read · 24 January 2013
