The $34 billion Pennsylvania State Employees’ Retirement System announces four new private equity and real estate commitments. The pension plan, which represents more than 215,000 members, has now reached its target allocation for the two asset classes.
1 min read · 22 January 2013
ING Clarion, Grupo Carrousel and Operadora Punta Maroma partner to develop luxury ocean front resort along Mexico’s Riviera Maya in a bid to capitalize on increasing demand from the US baby boom generation.
1 min read · 22 January 2013
Unique Affordable Homes will build affordable housing projects in North and Western India.
1 min read · 22 January 2013
The Indian bank’s private equity arm says it has raised the money from foreign investors in six months, on the way to its target of $600m.
2 min read · 22 January 2013
The San Francisco-based firm acquires the 5 Post Oak Park office building through its recently upsized ninth real estate vehicle, Shorenstein Realty Investors Nine.
1 min read · 22 January 2013
Public-private partnerships can produce ‘miracles’ in a state that needs more than $500bn in infrastructure investments, California’s celebrity governor said at the Milken Institute’s conference.
2 min read · 22 January 2013
Colony Capital founder and chairman Tom Barrack has lined up more than $1 billion in equity to start buying distressed debt and property companies as the firm searches for the bottom of the market.
1 min read · 22 January 2013
Lie, the former Asia CEO for ING Real Estate will head up Redevco’s new office in Hong Kong.
2 min read · 22 January 2013
Babcock & Brown plans to invest in $2bn of Indian property and infrastructure assets in the next three years.
1 min read · 22 January 2013
The UK-domiciled fund manager has appointed lawyer Alexander Taft as head of investment structuring in the region.
2 min read · 22 January 2013
