The $21 billion pension system has earmarked $500 million of its $600 million 2013 allocation to the asset class. Its latest investments include $150 million to two new value-added funds.
2 min read · 07 October 2013
Praedium VIII Multifamily Value Fund, which is targeting $600 million in equity, represents the New York-based firm’s first fundraising endeavor since 2007.
2 min read · 07 October 2013
A report by the US Office of Financial Research (OFR), which was set up under the auspices of the 2010 Dodd-Frank Act, has fuelled talk of the $53 trillion asset management industry coming under greater regulatory control.
4 min read · 07 October 2013
The Canadian pension plan has purchased a stake in a Seoul office development, marking its first property investment in Korea. PERE Magazine October 2013 issue.
1 min read · 07 October 2013
The curtain has finally fallen on Winnington Capital’s involvement with a $1 billion Chinese development fund, despite a last-gasp attempt to buy it by rival manager PAG.
3 min read · 07 October 2013
French asset manager La Française AM says since early 2013, several major deals in France have suggested there is a ‘thawing’ of ‘risky’ assets in France.
3 min read · 07 October 2013
The real estate investment business of the German investment bank has brought on four new hires as it seeks to reinvigorate its operations in the US.
2 min read · 07 October 2013
With the approximately $300 million buyout of a Japanese storage company, M3 Capital Partners has brought its $3bn, 2005 vintage fund to about 70% invested.
2 min read · 07 October 2013
The Oregon Public Employees Retirement Fund has committed $300 million to Lone Star’s third real estate fund, continuing the pension system’s 18-year relationship with the fund manager.
2 min read · 07 October 2013
The largest US operator of student accommodation has teamed up with the principal investment area of Goldman Sachs to buy a portfolio of assets from a collapsed operator for more than £300m.
2 min read · 07 October 2013
