The $126 billion pension system has made a sizable commitment to BREP VII as part of its overall goal of committing $6 billion to alternative investments over the next three years..
1 min read · 17 January 2013
Michelle LeRoy has formed Tricon Real Assets Capital, a private placement and consultancy business aimed predominantly at real estate investment management firms.
2 min read · 17 January 2013
The New York-based firm has raised RMB 1.2 billion for a mixed-use development in Suzhou in what it claims to be the first Renminbi denominated real estate fund raised by a foreign developer.
2 min read · 17 January 2013
Thanks largely to its current fundraising effort, the New York private equity and real estate giant has increased the distance between itself and its closest competitors. Meanwhile, most of the remaining legacy firms have fallen out of the ranking, opening the door for several new players and returning firms.
3 min read · 17 January 2013
According to sources familiar with the situation, the New York real estate and private equity giant is in line to bank a £100m profit from the sale of its Nido Student Living accommodation business for its Blackstone Real Estate Partners fund series.
2 min read · 17 January 2013
The Toronto-based fund manager is closing its third fund targeting multifamily assets throughout Canada.
2 min read · 17 January 2013
After a three-year battle, the former investment banking giant has finalised its plans to obtain ownership of 14 California residential development sites from developer SunCal.
2 min read · 17 January 2013
The $110 billion Teacher Retirement System of Texas is set to promote Eric Lang to run real estate and Rich Hall to lead private equity investments when Steve LeBlanc, senior managing director of external private markets, steps aside in June.
2 min read · 17 January 2013
The Dallas-based private equity firm is slowly taking down deals as banks in Europe begin to unwind their exposure. PERE Magazine, May 2012 issue
2 min read · 17 January 2013
In its first full year of owning investment properties, the Hong Kong Monetary Authority’s $320 billion Exchange Fund saw its value dip as it revealed its overall annual return had dropped by more than two-thirds also.
2 min read · 17 January 2013
