Record secondary deal volume is giving GPs the opportunity to broaden their investor base, according to panelists at Harvard Business School’s Venture Capital and Private Equity Conference.
2 min read · 17 January 2013
The Texas pension system has committed €85 million to Aberdeen to invest in European real estate funds, with the firm’s property multi-manager team seeking value-added and opportunistic strategies.
2 min read · 17 January 2013
The New York-based alternative asset manager’s year-end loss in its real estate business included a $15.4 million fourth-quarter net loss and contributed to the firm’s overall $300 million net loss for the year.
2 min read · 17 January 2013
The $14.3 billion pension plan has selected two managers for real estate fund of funds mandates.
1 min read · 17 January 2013
The recently formed boutique investment firm will invest in Chinese retail properties developed and anchored by supermarkets of Beijing conglomerate BHG.
2 min read · 17 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 17 January 2013
Secondaries deal volume hit historic levels last year and is widely expected to keep the pace in 2011, thanks in part to the strong performance of real estate-related funds.
3 min read · 17 January 2013
Quilvest Private Equity’s parent, Quilvest Group, has agreed to management participating in the equity structure of the group for the first time as it begins raising its next generation of fund of funds, including a follow-up to its debut real estate vehicle.
3 min read · 17 January 2013
The Swiss-based private markets investment firm says discounts to net asset values improved from the buyer’s perspective for secondary real estate portfolios towards the end of last year.
3 min read · 17 January 2013
The $51 billion Pennsylvania Public School Employees' Retirement System has launched a new private markets and real estate programme to make co-investments and secondary fund purchases from existing managers.
2 min read · 17 January 2013
