The New York-based alternative assets firm has increased the firepower of its AG Asia Realty Fund II after US pension fund the Oregon Public Employees Retirement System committed $100m.
2 min read · 24 January 2013
The Steve Schwarzman-led firm, which is targeting about $738m for its debut RMB fund, expects a final close by September.
2 min read · 24 January 2013
The Kerala-based gold merchant will use the cash injection from Baring Private Equity Partners India and Matrix Partners India to "strengthen its capital base".
1 min read · 24 January 2013
ARA Asset Management has purchased a RM333m, 20-storey office block in Kuala Lumpur on behalf of its ARA Asia Dragon Fund. The Singapore-based private equity real estate fund and REIT manager has also made its first investment in Australia, taking a 15% stake in a fund management platform.
2 min read · 24 January 2013
Through its joint venture hotel investment company with New York’s Host Hotels, the Singaporean sovereign wealth fund is preparing to increase its exposure to Indian hospitality assets.
1 min read · 24 January 2013
The Chicago-based form has recruited a securities fund manager from Australia’s Challenger Financial Services
1 min read · 24 January 2013
The New York-based firm has appointed Arvind Bajaj to lead its acquisition and capital raising activities.
2 min read · 24 January 2013
Morgan Stanley Real Estate Investing has sold a serviced apartment scheme in Pudong for $177 million in a deal described by the South China Morning Post as the second largest in Shanghai in 2010.
1 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
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