The Canadian Pension Plan fell in value by C$13.8 billion to C$108.9 billion in 2008 as investment returns shrank. However according to the plan’s latest figures, its inflation-linked assets continued to grow in value.
1 min read · 21 January 2013
The quoted investment manager suffered a net loss for the first time in its history, due largely to hedge fund positions. Its private equity portfolio is 'in better shape' than many competitors, chief executive Nemir Kirdar has said.
2 min read · 21 January 2013
The UK property company established by the Kuwait sovereign wealth fund has acquired an asset in central Tokyo.
2 min read · 21 January 2013
London-based Geni Capital and Dubai's AREIT Management say the closed ended opportunity fund aims to launch with at least $100 million, with a cornerstone investor already having been lined up.
2 min read · 21 January 2013
The private equity real estate firm with more than $3bn in dry powder has told investors they can reduce their commitments by a tenth without penalty.
1 min read · 21 January 2013
Standard & Poor’s has downgraded the credit ratings of Middle Eastern banks Investcorp and Arcapita due to concerns over high leverage, a strain on liquidity and an expected fall in the value of the firms' private equity and real estate investments.
2 min read · 21 January 2013
The Southern California-based private equity advisor will manage AMP’s Future Directions Private Equity Fund and act as the firm’s ‘exclusive’ partner in Australia and New Zealand.
2 min read · 21 January 2013
3i veteran Michael Queen will now steer the firm, whose top 50 investments lost £682m in the past nine months. Last year, 3i invested a total of £841m, down dramatically from the £1.8bn the prior year. 3i's share price has plummeted in recent months, this morning losing nearly 4%, giving it a £941m market capitalisation.
2 min read · 21 January 2013
The real estate arm of the sovereign wealth fund has sold a stake in the Centre International de Conferences, to HongKong and Shanghai Hotels for €100m. The centre will be redeveloped into the Peninsula Hotel.
1 min read · 21 January 2013
In its outlook for 2009, Shuaa Capital warns that the Abu Dhabi real estate market will follow Dubai’s downturn, although to a lesser extent.
2 min read · 21 January 2013
