This week’s new rules issued by China’s insurance watchdog the China Insurance Regulatory Commission on the investments of the country's $670 billion insurance sector have been long anticipated. But while the 10 percent real estate allowance announced has largely been received positively, some corners are cautious. By Jonathan Brasse
3 min read · 24 January 2013
Enervest’s 12th fund will reportedly raise up to $1.5bn to invest in upstream oil and gas assets in North America.
1 min read · 24 January 2013
Former Carlyle partner Robert Grady is poised to be elected chair of the state’s investment council as the pension’s advisor Strategic Investment Solutions’ advice to hike alternatives up to 38 percent becomes draft regulation.
1 min read · 24 January 2013
The US state’s $63bn pension, which has not made a commitment since 2008, currently has a 7% private equity target.
1 min read · 24 January 2013
The Wall Street Bank has relocated senior real estate executives to new offices in Frankfurt and Paris in a bid to better manage existing assets and locate investment opportunities in the region.
1 min read · 24 January 2013
The London-based investment and asset management firm, led by CEO Ian Hally, has made three senior hires for its Asia business including Daniel McDonald as head of fund management, Asia Pacific real estate.
2 min read · 24 January 2013
The initiatives are among several – including support of a state bill forcing placement agents to register as lobbyists – designed to ‘restore confidence, integrity and accountability’.
3 min read · 24 January 2013
Australia’s Macquarie Group is to increase its real estate capital raising capabilities through the takeover of Presidio Partners, the San Francisco and Chicago-based advisory practice. The transaction is expected to close in the fourth quarter this year.
2 min read · 24 January 2013
Aberdeen Asset Management has appointed Russell Chaplin as its chief investment officer. Chaplin joined from Swiss bank, UBS Asset Management.
1 min read · 24 January 2013
Clifford Chance has replaced CMS Cameron McKenna as legal advisers to Henderson on a dispute with several pension funds over the performance of its second infrastructure fund. The pensions have given Henderson until late September to draft a compensation scheme before taking it to court.
2 min read · 24 January 2013
