The former vice president of Credit Suisse’s private equity operations, James Lambright – a specialist in real estate transactions – has been named the interim CIO of the US’ $700bn asset recovery programme.
2 min read · 22 January 2013
Thirteen Asia-focused funds, which also invest in Greater China, raised $19bn in the third quarter, with growth funds accounting for the most capital raised.
2 min read · 22 January 2013
The student accommodation fund operated by the UK's UNITE Group has £30 million of asset sale proceeds in the London branch of Landsbanki, the Icelandic bank that has plunged into a form of administration. The firm says it is doing all it can to recover the money.
1 min read · 22 January 2013
The total capital raised by dedicated Asia real estate vehicles in 2008 to date has surpassed those targeting all other regions worldwide, according to data by PERE.
2 min read · 22 January 2013
The Spanish fund of fund manager will next year raise a fund that for the first time will have a special situations component. In September the firm increased to 32 its headcount with eight new hires.
1 min read · 22 January 2013
A report commissioned by the Kentucky governor’s office has concluded that the Kentucky Retirement Systems' and the Kentucky Teachers’ Retirement System’s ‘opportunity cost’ for below-average performance amounted to $5bn.
2 min read · 22 January 2013
The world's largest owner of infrastructure assets will now raise third-party capital to back infrastructure GPs around the globe.
2 min read · 22 January 2013
The Duke of Westminster's property company wants to invest in Chinese shopping malls, according to a report.
1 min read · 22 January 2013
The public pension has committed to Carlyle’s fourth Asian growth fund, Welsh Carson’s 11th buyout fund, First Reserve’s 12th energy fund and Clessidra's second Italy-focused fund. Together these four funds are targeting more than $22bn.
2 min read · 22 January 2013
A report from Moody's Corporate Finance reveals an increase in private equity-backed companies that are electing to use their payment-in-kind option to make interest payments.
2 min read · 22 January 2013
