The largest single-purpose pension in Canada, CPPIB, has been hit by turbulence in the public equities and REITs markets. However, returns for private equity and real estate are holding steady, while infrastructure has proven the strongest asset class.
2 min read · 22 January 2013
A trio of Middle Eastern investors have unveiled a Shariah-compliant real estate fund targeting Latin American property investments.
2 min read · 22 January 2013
The Carlyle Group’s majority stake in intermodal operator ITS Technologies & Logistics represents the latest deal in a growing trend of private equity real estate firms targeting the industrial and logistics space.
2 min read · 22 January 2013
The Denver-based REIT and securities investor has branched into private equity funds, with a vehicle managed by a former GIC pro.
1 min read · 22 January 2013
The McLean, Virginia-based private equity real estate firm hires two more executives as president Michael Pralle boosts JER’s global presence.
2 min read · 22 January 2013
The US private equity firm has closed on its first global fund with money from founding investors Credit Suisse and General Electric.
2 min read · 22 January 2013
The vehicle, sponsored by New York-based Falcon Real Estate, will seek capital from Europe, Asia and Latin America, but is excluding US investors.
4 min read · 22 January 2013
Though investors continue to be enamored with emerging markets, the case studies presented here demonstrate that love can very quickly turn to loss. By Paul Fruchbom
8 min read · 22 January 2013
The captive real estate development and acquisition arm of the Ontario Teachers' Pension Plan, Cadillac Fairview had a portfolio valued at approximately C$14.5 billion ($12.8 billion; €9.5 billion) at the end of 2006. Though 80 percent of its property investments are in Canada, the group recently has ventured further afield. In 2006, it acquired a 46 percent stake in Rio De Janeiro-based Multiplan Empreendimentos Imobiliários, the largest regional mall operator in Brazil. The pension fund investor has also been moving into Asia, primarily via investments in private equity real estate funds. Here, Andrea Stephen, the executive vice president for investments, talks about the problems with super-sized funds, what she likes about Brazil, and her interest in South Africa.
3 min read · 22 January 2013
GPs may grab all the headlines—and make all the dollars—but LPs remain the industry's lifeblood. Here, three leading institutional investors give us their take on the most pressing issues facing their community.
4 min read · 22 January 2013
