The second largest US pension suffered a 3.7 percent decline in its overall investment portfolio, its first negative return in six years.
2 min read · 22 January 2013
The Washington-based private equity real estate firm has launched a debt financing vehicle to provide up to $1bn to struggling development projects in the US. It will focus on property developments with a total capitalization of between $20m and $75m.
1 min read · 22 January 2013
The second largest US pension suffered a 3.7 percent decline in its overall investment portfolio, its first negative return in six years. It follows last week's 2.4 percent loss on investments at CalPERS, despite strong returns for private equity and real estate.
2 min read · 22 January 2013
The public pension looks to alternatives to drive returns, ploughing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
The chief executive officer of Dune Real Estate and founder of Goldman Sachs’ Whitehall Street Real Estate Funds will take over as chairman of the US Real Estate Roundtable next year. Over the coming year, the body will lobby on issues including energy, taxation and the US economy.
2 min read · 22 January 2013
Apollo Global Management, the Leon Black-led alternative investment giant, has been actively recruiting real estate professionals to lead a new real estate arm. The move could present a branding challenge to a separate firm called Apollo Real Estate Advisors, in which Black owns a minority stake.
2 min read · 22 January 2013
Blue Capital, the company jointly owned by Colony Capital and Groupe Arnault, has again increased its stake in French supermarket retailer Carrefour. Blue Capital now holds 12.9 percent of Carrefour. In May, Colony also increased its stake in Europe’s largest hotel owner, Accor.
2 min read · 22 January 2013
Leon Black’s Apollo Global Management looks to enter the real estate space.
2 min read · 22 January 2013
Matthew Ryall is joining the German insurer to head up its multi-fund strategy. The appointment comes one week after Allianz unveiled Olivier Piani as its head of real estate.
1 min read · 22 January 2013
The San Francisco-based private equity real estate firm has acquired the Oyster Point Business Park and Oyster Cove Marina in San Francisco.
1 min read · 22 January 2013
