New Jersey’s successful sale of nearly $1 billion in property fund interests has defied many expectations, and the real estate secondaries market may never be the same again.
3 min read · 28 August 2013
The Swiss-based bank wants to diversify its capital sources to mitigate the ‘concentration risk’ of its current real estate investment management platform, stating it is too dependent on fresh capital in the US, Switzerland and Japan.
4 min read · 28 August 2013
The $75.64 billion pension plan has reached an agreement to sell a nearly $1 billion portfolio of real estate fund interests to a new entrant to the secondary market.
3 min read · 28 August 2013
The New York-based global asset manager, along with partner Pátria Investimentos, beat out a number of private equity real estate firms to acquire a 70 percent ownership interest in Gafisa’s Alphaville business.
2 min read · 28 August 2013
Pierre Cherki, head of alternatives and real assets at Deutsche Bank Asset & Wealth Management, said the bank is looking at a number of higher-yielding strategies given the ‘significantly higher interest’ among investors since the beginning of the year.
2 min read · 28 August 2013
The head of research and strategy at JPMorgan, Joe Valente, illustrated for PERE’s audience how large institutional investors’ rigid investment criteria actually was leaving core-like real estate in Europe’s major markets to be picked off by opportunistic investors.
2 min read · 28 August 2013
The $23.8 billion pension system plans to line up significant capital outlays to private real estate over the next four fiscal years, with a focus on non-core opportunities.
3 min read · 28 August 2013
The global placement agent has hired a new principal out of San Francisco (pictured) and a new vice president out of London.
2 min read · 28 August 2013
Among the $90.9 billion pension plan’s new commitments are its first ones to Gaw Capital Partners and Abacus Capital Group.
2 min read · 27 August 2013
The Atlanta-based investment firm has garnered $220 million in commitments for its Noble Hospitality Fund II, less than two months after it closed on $101 million.
2 min read · 27 August 2013
