With some $22bn in uncalled commitments, the California pension will work to enter customised, low-fee partnerships and co-investment vehicles with select GPs.
2 min read · 24 January 2013
The $40bn pension, which has not yet committed to private equity in 2010, is happy to come in below target this year depending on opportunities.
2 min read · 24 January 2013
Jim Quille, chairman and chief executive officer of MGPA added his name to the growing list of fund managers who doubt how widespread ‘investment club’ structures will become. Today, he shared his thoughts with PERE on-stage
2 min read · 24 January 2013
David Snow ponders what a proposed US banking rule would mean for captive private equity and private equity real estate firms.
3 min read · 24 January 2013
The firm run by the former vice chairman of Morgan Stanley has agreed a joint-venture with Infinity Capital Partners of Atlanta, Georgia to invest up to $100m in the transportation sector. Assets from railcars and vessels to commercial real estate and credit card receivables will fall under the joint venture’s investment strategy.
1 min read · 24 January 2013
The White House hopes to ‘put an end to the risky practices that contributed significantly to the financial crisis’ by forbidding commercial banks from owning private equity or hedge funds.
2 min read · 24 January 2013
INREV concludes from its 2010 Investment Strategies questionnaire that there has been a shift ‘down the risk spectrum’, with investors in unlisted funds preferring to concentrate on core property for diversification and income generation sake
3 min read · 24 January 2013
Jan Meulenbelt, the new global head of ING’s global multi-manager platform, plans to allow investors to invest in separate European, US and Asia Pacific vehicles.
1 min read · 24 January 2013
John Dwyer, manager of the Fleming banking dynasty’s global property fund, has left the private and independent multi-family office.
1 min read · 21 January 2013
Interviewed at the PERE Breakfast Club: ULI 2009, Robert Dombi, of Landmark Partners and Jeff Giller, formerly of Liquid Realty Partners, differ on the scale of the secondaries opportunity in 2010.
2 min read · 21 January 2013
