After suffering heavy losses on its real estate investments in 2008 and 2009, the bank reported gains of $431m in its merchant banking operations thanks, in part, to fund investments.
2 min read · 18 January 2013
The two California pension giants’ real estate portfolios began the long road back to health generating 0.01% and -5% returns, the latter being the smallest decline since the start of the financial crisis.
3 min read · 18 January 2013
Netherlands-based Algemene Pensioen Groep has purchased a ‘substantial’ stake in a joint venture real estate opportunity fund invested in China residential developments.
2 min read · 18 January 2013
After more than 17 years with the bank’s real estate group, Mantz is leaving Morgan Stanley to pursue 'other opportunities'. The bank said it remained 'committed' to the real estate investing business.
3 min read · 18 January 2013
The firm has appointment Jeffrey Granoff as principal after opening a New York office. More appointments are expected in the first quarter of 2011 as the firm looks to deploy its $250m debut fund.
1 min read · 18 January 2013
Having spent 2010 working to launch an Africa-focused fund, the former Doughty Hanson principal will succeed Simon Walker at the BVCA.
1 min read · 18 January 2013
The global sale and leaseback specialist has completed a deal to buy a six property-strong portfolio of logistics properties from C1000, the Dutch supermarket company. The deal follows $1 billion of investments in Europe by the New York-listed form last year.
2 min read · 18 January 2013
CIC is to open an office in Toronto according to a report by CNBC. The office is only the second to be opened by the $300 billion sovereign wealth fund outside of Greater China since its inception in 2007.
1 min read · 18 January 2013
Christoph Schumacher has left after six years as the head of indirect investments of the insurance group’s asset management arm.
1 min read · 18 January 2013
Jeffrey Weingarten, a former chief investment officer of Goldman Sachs Asset Management International, is to become chief executive of Grosvenor Fund Management.
2 min read · 18 January 2013
