Bruce Feldman, former head of alternatives at the Pennsylvania State Employees’ Retirement System, saw the industry tilting toward ‘key’ LPs.
2 min read · 17 January 2013
Simon Hipperson, a former managing director in London at the New York-based buyout firm and one of the architects of its Global Infrastructure Partners platform, has been hired by Australia’s Lend Lease as chief executive officer for Europe, the Middle East and Africa.
2 min read · 17 January 2013
Skip Miller, who previously was responsible for alternative investments at the YMCA Retirement Fund, succeeds Marjorie Tsang, who most recently served as interim CIO and will remain with the $146.5 billion pension plan in a senior role.
2 min read · 17 January 2013
The $19.5 billion pension plan, which currently invests in the asset class through commingled funds, is examining the expansion of its real estate portfolio to include co-investments.
2 min read · 17 January 2013
The White Plains, NY-based real estate investment trust, which has a private fund arm, has exceeded its $500 million target for its opportunistic and value-added fund just three months after the vehicle’s launch.
2 min read · 17 January 2013
The ex-head of China at Morgan Stanley Real Estate Investing (MSREI) has received a sentence of nine months in prison for evading the internal controls of the platform’s Wall Street bank parent and for violating the US Foreign Corrupt Practices Act.
3 min read · 17 January 2013
Deal marks the genesis of a joint venture partnership between South Korea’s $320 billion state pension fund and ASX-listed property company and fund manager DEXUS Property Group.
2 min read · 17 January 2013
Otis Spencer and Dennis Dart, Heitman's co-head of Europe and in-house legal counsel respectively, have left the company to form KSP Real Estate Investment Management with backing from billionaire businessman Jan Kulczyk and Larry Silverstein, the developer of the World Trade Center.
1 min read · 17 January 2013
The Baltimore-based investment manager has raised $276 million for its latest value-add real estate fund from investors such as the West Virginia Investment Management Board, the Montana Board of Investments and Baltimore City Fire and Police.
2 min read · 17 January 2013
Mahesh Katkar, a former JPMorgan real estate manager, joins the Los Angeles-based investment giant’s Strategic Partners division amid fundraising for Fund VI.
2 min read · 17 January 2013
