Hong Kong-based real estate investor Asia Pacific Land is poised to make its private equity real estate fund debut following the appointment of former Warburg Pincus partner Philip Mintz earlier this year.
2 min read · 24 January 2013
The US firm has taken over the investment management of a UK ground rents vehicle from UBS Global Asset Management following a move by three fund managers.
1 min read · 24 January 2013
Lanhee Yung has joined the Greenwich, Connecticut-based firm to co-lead the firm’s global fundraising and investor relations activities.
2 min read · 24 January 2013
The apparent public outrage over CalPERS staff travel makes one wonder: do California pensioners want their global assets managed by under-resourced homebodies? David Snow explores.
3 min read · 24 January 2013
Ohio Public Employees Retirement System is believed to have invested hundreds of millions of dollars in the venture, which will target floating rate first mortgages in the US.
1 min read · 24 January 2013
The pre-2008 trips – paid for by private equity and real estate GPs – related only to firms in which the US pension owned a management stake or on whose LP advisory boards it sat.
4 min read · 24 January 2013
The $130bn pension has promoted John Petzold to head the absolute return asset class, which includes infrastructure. Earlier this year, the pension promoted Margot Wirth to head the private equity programme.
1 min read · 24 January 2013
On both sides of the Atlantic regulatory barriers are making fundraising for ‘foreign’ firms more difficult and expensive. GPs in emerging markets could be left out in the cold.
2 min read · 24 January 2013
A pending state bill that would force placement agents to register as lobbyists would create two sets of registration, reporting and compliance policies.
3 min read · 24 January 2013
Auckland-based Du Val Group is seeking to raise nearly $1bn from Asian investors for its first blind pool, commingled funds. The firm plans to raise two funds which will target real estate investments in New Zealand and Australia.
2 min read · 24 January 2013