As California’s Fair Political Practices Commission investigates 49 CalPERS investment staff for gift reporting, CalSTRS officials, including Mike DiRe, have personally signed a letter saying they ‘stand by and support’ their counterparts.
2 min read · 18 January 2013
A poll of property brokers by Britain's RICS has concluded that the level of distressed property for sale listed on agents’ books in the first quarter of the year increased most in North America, Ireland, Spain and South Africa than in other markets.
2 min read · 18 January 2013
The Los Angeles-based investment firm has held an initial closing on $118 million in equity for its fourth fund.
2 min read · 18 January 2013
The programme requires the US Securities and Exchange Commission to create an office that works with whistleblowers, who could set their sights on private equity firms.
2 min read · 18 January 2013
End of an era as DLJ closes its London office to focus the franchise on other parts of the world. DLJ’s European head Carla Giannini is staying with the company.
3 min read · 18 January 2013
The Denver-based hospitality private equity firm has held a final closing on its third fund, significantly exceeding its original target.
2 min read · 18 January 2013
Former Divco West asset manager Melanie Gangel has joined the real estate investment advisor's San Francisco office to help bolster its West Coast portfolios.
1 min read · 18 January 2013
Entree to Europe for Kennedy Wilson as the California-based firm takes over the property investment management book of troubled Bank of Ireland. The deal means the value of Kennedy Wilson’s global real estate assets under management will grow to almost $10 billion.
2 min read · 18 January 2013
The New York-based real estate fund manager has acquired a 4.5m square foot portfolio of warehouses from Pattillo for $170m.
2 min read · 18 January 2013
The C$148 billion pension fund has bought big again, this time acquiring a 50 percent stake in the Northland Shopping Centre in Melbourne from a private Australian real estate investment company.
2 min read · 18 January 2013
