Investors eyeing the US should not expect outsized performance in the asset class, amid warnings a lackluster jobs market will dampen the country’s overall economic recovery.
2 min read · 24 January 2013
The Leawood, Kansas-based real estate investors have formed a 40-60 venture with the US banking regulator to take over a pool of 1,100 residential and commercial loans.
2 min read · 24 January 2013
Following DTZ’s report late last month suggesting the US is the world’s hottest market, ING REIM is forecasting the Americas will provide the highest unleveraged returns
2 min read · 24 January 2013
CalSTRS committed to Wes Edens-led Fortress’ second Credit Opportunities Fund, which is believed to be targeting $2bn. The vehicle will focus on distressed resl estate loans and securities among other things.
2 min read · 24 January 2013
The drama surrounding the relationship between CalPERS, Apollo and controversial placement agent Alfred Villalobos continues. Investment staff at the $206bn pension allegedly questioned the relationship as long ago as 2006.
3 min read · 24 January 2013
TPG, formerly known as the Texas Pacific Group, is making a push into real estate using its latest private equity funds – TPG Partners V and the gargantuan TPG Partners VI, which raised $18.8 billion in 2008.
1 min read · 24 January 2013
IR veteran Maryfrances Metrick will join the Blackstone spinout in October amid fundraising for the firm’s second fund, targeting $3.75bn.
1 min read · 24 January 2013
The Canadian pension and Australian sovereign wealth fund have injected A$375m each into recapitalising Colonial First State’s open unlisted retail vehicle, after original investors called it a day at the expiration of the fund.
3 min read · 24 January 2013
The Washington State Investment Board’s private equity team will seek to replace Brian Roberts, who is leaving the pension fund next week.
1 min read · 24 January 2013
A high-ranking CalPERS private equity official allegedly asked Apollo's Leon Black in 2006 to bring investment opportunities directly to him, rather than using 'third parties'.
4 min read · 24 January 2013
