The UK pension ‘lifeboat’ has hired Goldman Sachs, Pantheon, Hamilton Lane, Lexington, LGT, Partners Group and RREEF as advisors.
2 min read · 24 January 2013
The New York-based private equity real estate firm is looking to buying a pool of distressed loans from Morgan Stanley’s balance sheet, with a face value of more than $1.1bn and backed by 30 properties in the greater Tokyo area.
2 min read · 24 January 2013
The Korea Investment Corporation has appointed Swiss-based alternatives firm Partners Group to help it invest in private real estate strategies
2 min read · 24 January 2013
The California State Teachers’ Retirement System refuses to ‘sell at loss’, temporarily shifting 5% of its equities portfolio to real estate, private equity and fixed income to take advantage of distress.
2 min read · 24 January 2013
Following in the footsteps of US homebuilder Lennar, Toll Brothers will target distressed loan portfolios and development land.
1 min read · 24 January 2013
Matthew Hudson, formerly of SJ Berwin and Coller Capital, has founded a law firm which will charge fees based on clients’ success rather than billable hours.
2 min read · 24 January 2013
The pension’s investment committee has approved a $20 million commitment to private equity firm JMI Equity’s seventh fund, which began raising capital last month.
2 min read · 24 January 2013
The LA-based firm becomes the second private equity house to buy a substantial distressed debt portfolio held by the Federal Deposit Insurance Corporation this week following Colony Capital’s capture of a 1,660 strong loan portfolio.
1 min read · 24 January 2013
The latest fund from Blackstone's credit-focused affiliate has already invested roughly $600m in seven different companies.
2 min read · 24 January 2013
The bankrupt mall REIT expects to exit Chapter 11 in October after agreeing a $8.55bn recapitalisation plan with Brookfield, Pershing Square and Fairholme Capital – and an additional $500m from Texas TRS.
3 min read · 24 January 2013
