Less than a year after its maiden foray into the region, Stockholm-based Aberdeen has closed its first Asia fund of funds vehicle at $600m, and launched a second.
2 min read · 22 January 2013
INREV is tackling yet another difficult area in its fight for transparency by publishing fee guidelines. Market participants agree it is a positive development for the industry, but they say there is still cause for concern. By Robin Marriott
5 min read · 22 January 2013
The new commitments bring the publicly listed infrastructure fund’s total investments to £546m since inception. 3i Infrastructure has invested 80 percent of its £700m IPO proceeds to date.
1 min read · 22 January 2013
The new commitments bring the publicly listed infrastructure fund’s total investments to £546m since inception.
2 min read · 22 January 2013
The former Institutional Real Estate Letter managing director, Steve Felix, has been appointed as Aviva Investors’ head of marketing for its North America real estate multi-manager platforms.
1 min read · 22 January 2013
Lehman's private equity real estate arm is not part of the $2.1bn deal by Bain Capital and Hellman & Friedman to acquire the investment bank's prized asset management business, Neuberger Berman. Lehman's private equity funds of funds and secondaries units will be sold.
1 min read · 22 January 2013
The Illinois State Universities Retirement System has chosen to pursue its long-term private equity target allocation through continued investment while other LPs are pulling back on the asset class in an effort to combat over-weighting.
2 min read · 22 January 2013
The asset management arm of Dutch banking group Rabobank is raising its second fund of funds dedicated to responsible investing and outperforming ‘mainstream private equity’.
1 min read · 22 January 2013
A survey has found that 25 percent of European investors are considering cutting their exposure to real estate funds in the short-term, yet investors are also planning to increase their exposure to opportunity funds.
3 min read · 22 January 2013
The ability of insurer AIG, which was today bailed out by the US government, to seek liquidity through the sale of its asset management arm will be slowed by US government ownership, by the scope of the firm’s operations, and because the firm manages AIG balance sheet capital as well as client funds.
2 min read · 22 January 2013
