The former Institutional Real Estate Letter managing director, Steve Felix, has been appointed as Aviva Investors’ head of marketing for its North America real estate multi-manager platforms.
1 min read · 22 January 2013
Xiao Wei joins Anoop Seth as co-head of AMP's Asian infrastructure team, which is currently raising a $750m 'Asian Giants' infrastructure fund that agreed its first deal last month.
2 min read · 22 January 2013
Randall Mullan, formerly of British Columbia Investment Management, will spearhead the $223bn pension fund’s infrastructure investment program starting October 14.
1 min read · 22 January 2013
The rise of Brazil continues with ING Real Estate Management, one of the world’s largest real estate investment managers, opening an office in São Paulo.
3 min read · 22 January 2013
BVCA head Simon Walker has distanced private equity’s investment strategy and remuneration scheme from investment banks and hedge funds, while speaking at the annual Conservative Party conference. He also stressed the UK’s need for private equity’s vast capital reserves given current market conditions.
3 min read · 22 January 2013
The biggest bank failure in US history is also one of the biggest publicly disclosed private equity losses in history. TPG has stressed that the investment represented only a small portion of its diversified assets.
4 min read · 22 January 2013
The US arm of ING Real Estate has closed its Clarion Development Ventures III fund, which will target all property sectors in the US, including distressed land sales.
1 min read · 22 January 2013
The founders of Blackstone and Equity International lead the Forbes 400 list of the richest investors in private equity real estate in the US with an estimated wealth of $6.4bn and $5bn respectively.
2 min read · 22 January 2013
Founder Wesley Edens claims the move is necessary to retain capital for ‘tremendous opportunities’ in banks, insurance companies and other asset management businesses. The dividend cut may be linked to a dip in Fortress' fundraising pace.
2 min read · 22 January 2013
The Oregon Investment Council has committed $100m to Riverstone/Carlyle Renewable & Alternative Energy Fund II and $200m to Alinda’s latest infrastructure vehicle.
2 min read · 22 January 2013
