The state pension giant, among the most active in the market with about $77bn in assets, has invested $1.3bn to five managers including Evergreen Real Estate, KSL, Vestar, Lone Star and Sheridan Production Partners.
2 min read · 24 January 2013
Despite some fears that transactions in 2011 will be “tougher” to find than 2010, Blackstone expects deal flow to increase in the coming 12 months as banks earn their way to health and start dealing with their balance sheets.
2 min read · 24 January 2013
The Swiss-headquartered global alternatives investor has established a base in Seoul and appointed Alex Cho to head its Korean efforts. The appointment will bring the firm closer to clients including Korea Investment Corporation.
2 min read · 24 January 2013
The combined assets under management of the two firms is expected to be more than $12 billion, according to a report by Japan’s Nikkei.
2 min read · 24 January 2013
Investors are starting to eye selling and buying properties, but seven out of 10 have little appetite for cross-border deals. Only Europeans are bucking the trend, according to a report.
2 min read · 24 January 2013
Sniper Capital-managed London-listed Macau Property Opportunities Fund is to begin development on its first investment in mainland China, an industrial warehouse scheme.
1 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
A group of nine traders, led by Bob Howard, will join KKR in New York, setting the stage for the alternative investment giant to build a major hedge fund operation.
2 min read · 24 January 2013
The Paris-based giant has announced Laurent Vouin will be responsible for the firm’s ‘expanding’ opportunity funds business, including Axa Real Estate Development Fund III, its latest offering
1 min read · 24 January 2013
Despite more than $450bn of private equity sitting on the sidelines of the US real estate market, professionals have warned 12% to 15% will be ‘the new 25%”.
2 min read · 24 January 2013
