Richard Johnson, who quit as CEO of Standard Chartered Asia Real Estate Fund in August after the bank parted ways with joint venture partner Istithmar, has joined Swiss bank UBS.
2 min read · 24 January 2013
The London-based firm, which recently raised £500m for its second UK fund, says its non executive chairman Tony Edgley is joining as full-time partner.
2 min read · 24 January 2013
The Swiss fund of funds manager has secured ex-AI Capital head Kazushige Kobayashi to lead its second office in Asia. News of the office opening comes shortly after PERE learned the firm is planning its first Asia real estate fund of funds.
2 min read · 24 January 2013
Switzerland-based alternative investment firm, Capital Dynamics is to increase its exposure to real estate following the hire of Matthias Sturmer, the former co-owner of Pacific Star Europe, the Munich arm of Singapore-based Pacific Star, which has subsequently been wound up.
3 min read · 24 January 2013
Timothy Recker has taken over the chairmanship of the Institutional Limited Partners Association from outgoing chair Joncarlo Mark of CalPERS.
2 min read · 24 January 2013
Swedish mid-market private equity house Litorina, led by managing partner Harold Kaiser, has smashed its SEK2bn target for Fund IV.
1 min read · 24 January 2013
Danish fund of funds manager Sparinvest has halved the fundraising target for its second global vehicle, Sparinvest Property Fund II, to €250m. Bo Jensen, managing partner at the firm, says however, that the fund should hold a final closing in January.
2 min read · 24 January 2013
Peng Zhao has taken over at the Swiss firm's Beijing office, following the departure of former China head Linda Cai. Part of his mandate will be to up direct investments in the country.
2 min read · 24 January 2013
The private equity industry accounted for 73% of UK M&A activity in the first half of the year, its highest proportion on record.
2 min read · 24 January 2013
Switzerland is home to some of private equity’s most important LPs. PEI tapped into the investor community to ask what the industry will look like in the future.
4 min read · 24 January 2013
