The Hong Kong-based team led by David Schaefer has reformed as Bay Capital Partners while DTZ looks for alternatives to launching a “maiden fund”.
2 min read · 17 January 2013
The Canadian pension fund has increased its exposure to Goodman’s China business in a bid to get closer to the country’s burgeoning consumer base. The total amount committed by the partners has now reached $1 billion.
2 min read · 17 January 2013
Finesa Real Estate Group has held a first close on its investment vehicle, Diversified International Partners. This marks the first time that Colombian pension funds have invested in US real estate through a discretionary fund.
3 min read · 17 January 2013
The real estate investment management and advisory firm is reportedly set to make an investment in a company run by UK developer Essential Land which will develop residential property in central London.
1 min read · 17 January 2013
The $152.1 billion pension system has closed on five follow-on real estate investments including commitments to opportunistic funds of Fortress and PCCP.
2 min read · 17 January 2013
Investment staff will be able to make re-ups to private equity and real estate funds without having to wait for Nebraska Investment Council approval under certain conditions.
2 min read · 17 January 2013
The New York-based private equity firm’s head of real estate is one of six executives being considered as a possible successor to current CEO Stephen Schwartzman.
2 min read · 17 January 2013
The New York-based firm has hired Park Hill Real Estate Group, the subsidiary placement agent of The Blackstone Group, to help raise its next generation European fund and a US value added vehicle.
2 min read · 17 January 2013
The $22.3 billion pension system plans to significantly boost the size of its real estate portfolio over the next two fiscal years, focusing primarily on non-core investments. Thereafter, however, it expects to pull back on additional investments to the asset class.
3 min read · 17 January 2013
Qatar Investment Authority-owned investment company Qatar Holding has purchased almost a quarter of the Hong Kong-based private equity and real estate firm further diluting the ownership by CITIC Holdings subsidiaries and sovereign wealth fund CIC.
2 min read · 17 January 2013