Robert Gifford, the former AEW veteran, has been appointed president and chief executive officer of the troubled insurance group. Former COO of Scanlan Kemper Bard Companies William Glasgow has been named chief restructuring officer.
2 min read · 21 January 2013
Around 20 banks have been involved in refinancing in the first six months of the year, but the firm reports it hasn’t encountered any difficulties.
1 min read · 21 January 2013
A partnership between DHFL Venture Capital and Redwood Group have formed a joint venture to invest in warehousing real estate in India.
2 min read · 21 January 2013
The San Francisco-based firm has promoted Peter Kaye and Tyson Skillings to managing director and Suzanne Woody to director.
1 min read · 21 January 2013
The $200bn sovereign wealth fund of China has invested alongside other new and existing institutional investors, according to the Sydney-based logistics giant. Goodman also said it had formed a A$200m investment venture with The Canadian Pension Plan Investment Board to invest in mainland China.
1 min read · 21 January 2013
Wesley Ogburn, a portfolio manager in charge of hedge funds at the $22bn university endowment today submitted comments to the SEC in favour of maintaining the ability of placement agents to interact with US public pensions.
2 min read · 21 January 2013
The McLean, Virginia-based firm said it was ceasing its investment activities in Latin America owing to market conditions. It is working with investors to wind down the regional platform.
2 min read · 21 January 2013
Just five years after launching it, Citi is following the lead of other institutions and trying to exit its private equity real estate funds business. CPI must first win approval from 67% of its LPs.
2 min read · 21 January 2013
The agency is seeking comments on rules that would prohibit placement agents from dealing with US public pensions.
3 min read · 21 January 2013
The Canadian ski slope company is selling lodging and commercial operations at Arc 1950 Resort in Savoie and Flaine Montsoleil Resort in the Haute-Savoie region of the French Alps.
2 min read · 21 January 2013
