Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
2 min read · 22 January 2013
New York-based real estate investment firm GoldenTree InSite Partners has partnered with LDI – Inteligência Urbana Completa to target real estate development projects in and around São Paulo.
1 min read · 22 January 2013
The ability of insurer AIG, which was today bailed out by the US government, to seek liquidity through the sale of its asset management arm will be slowed by US government ownership, by the scope of the firm’s operations, and because the firm manages AIG balance sheet capital as well as client funds.
2 min read · 22 January 2013
The US firm and its newly installed president, Michael Pralle, has appointed the former head of asset management at Merrill Lynch for its European operation as well as a vice president of risk management in Latin America from GE Capital.
1 min read · 22 January 2013
As the US insurance giant struggles to raise capital, the fate of the firm’s substantial private equity business remains uncertain. AIG Investments has not been placed for sale as part of its parent’s capital raising measures.
4 min read · 22 January 2013
Confronting an increasingly overweighted private equity portfolio, CalPERS has made $700m in commitments to real estate funds and almost $1bn to four private equity funds.
2 min read · 22 January 2013
The addition of former Skanska Infrastructure Development chief Simon Hipperson comes as the firm continues to build its team amid a reported $10bn fundraising effort.
2 min read · 22 January 2013
The £132.5m sale comes as the UK’s Competition Commission is threatening to force the Spanish infrastructure investor to sell three airports owned by British Airport Authority, which it acquired in 2006.
2 min read · 22 January 2013
The world’s sovereign wealth funds are targeting mainly trophy real estate assets, as they wait on the anticipated unloading of ‘distressed’ properties in the US. In the long-term, SWFs are looking to partner with key US players, expanding their roles beyond 'static asset owners.’
2 min read · 22 January 2013
Industry veteran Steve Felix shares his thoughts on creating opportunity.
3 min read · 22 January 2013
