As real estate funds eye the Latin American country for opportunities, the heads of the non-profit ADIT group say increasing numbers are looking to private, mid-market partners for deals compared to take-public transactions.
2 min read · 24 January 2013
The Washington State Investment Board has approved commitments to GTCR’s tenth fund, targeting $3bn, and Southern Cross’ fourth Latin America fund, which closed last month on $1.68bn.
2 min read · 24 January 2013
New Mexico’s $14bn oil and gas endowment, a long-time investor in private equity, hasn’t made a commitment since early 2009. SIC wants to commit to six funds over the next 12 months.
2 min read · 24 January 2013
The firm will reportedly pay $200m for a 40% stake in Sao Paulo-based Patria Investments, with which Blackstone has had a strategic alliance since 2004.
1 min read · 24 January 2013
Hines closes another Brazil real estate account with the California Public Employees pension fund. CalPERS has invested more than $380m to target Brazil with Hines over the past five years.
2 min read · 24 January 2013
The Canadian Pension Plan Investment Board has acquired an 8-stong shopping centre portfolio, which includes the Hillside Centre in Victoria, for $335.5m including the assumption of $105 million of debt.
1 min read · 24 January 2013
Enervest’s 12th fund will reportedly raise up to $1.5bn to invest in upstream oil and gas assets in North America.
1 min read · 24 January 2013
Following DTZ’s report late last month suggesting the US is the world’s hottest market, ING REIM is forecasting the Americas will provide the highest unleveraged returns
2 min read · 24 January 2013
As it warned investors of a 25% fall in its half-year profit, the Australian investment bank also disclosed several growth initiatives, including debt underwriting in the US and a new office in Argentina. A senior New York Macquarie executive is also scoping out opportunities in Brazil.
3 min read · 24 January 2013
Bruce Malott, a board member with New Mexico's Educational Retirement Board, took a personal loan from the father of a placement agent doing business with the pension.
2 min read · 24 January 2013
