The California State Teachers’ Retirement System refuses to ‘sell at loss’, temporarily shifting 5% of its equities portfolio to real estate, private equity and fixed income to take advantage of distress.
2 min read · 24 January 2013
Some LPs mistakenly think they’re committing to outperforming managers, according to a recent white paper.
2 min read · 24 January 2013
The multi-manager business of Schroder Property has invested £100m in an open-ended vehicle to be managed by a former partner at Rockspring Property Investment Managers
1 min read · 24 January 2013
Matthew Hudson, formerly of SJ Berwin and Coller Capital, has founded a law firm which will charge fees based on clients’ success rather than billable hours.
2 min read · 24 January 2013
The bidding war for the Australian hospital chain has concluded, giving rise to the country's largest LBO in two years.
2 min read · 24 January 2013
The founder of Colony Capital is a man who says what's on his mind. We discover his thoughts through his own writings – and what he has told other people.
2 min read · 24 January 2013
The LA-based firm becomes the second private equity house to buy a substantial distressed debt portfolio held by the Federal Deposit Insurance Corporation this week following Colony Capital’s capture of a 1,660 strong loan portfolio.
1 min read · 24 January 2013
Mountain Real Estate Capital, the Charlotte, North Carolina-based equity investment arm of the Mountain Real Estate Group, has purchased a portfolio of 135 residential assets from Synovus Bank, the regional bank.
2 min read · 24 January 2013
Tom Barrack’s colourful views on art, economics, real estate and life make this asset class that much less ‘tiring and boring’, as he described it recently. But has the Colony founder gone too far in his property-bashing remarks?
3 min read · 24 January 2013
Orin Kramer, chairman of the New Jersey's investment council, urged council members to lift the 28% cap on alternatives. The pension could have made $21bn in the past decade by boosting its private equity, real estate and hedge fund exposure.
3 min read · 24 January 2013
