The Hong Kong-based firm is midway through a fundraise for a strategy based on the growing wealth of the Pacific Rim.
2 min read · 22 January 2013
The US public pension looks to alternatives to drive returns, plowing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
The second largest US pension suffered a 3.7 percent decline in its overall investment portfolio, its first negative return in six years.
2 min read · 22 January 2013
The public pension looks to alternatives to drive returns, ploughing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
Leon Black’s Apollo Global Management looks to enter the real estate space.
2 min read · 22 January 2013
The accounting arm of the real estate consulting firm appoints former Vornado executive Stanley Perla as managing director of its newly-named Cornerstone Accounting Group.
1 min read · 22 January 2013
Global Infrastructure Partners and energy company Fortistar have acquired the bankrupt Texas power generation plant, Channelview, after US courts approved the deal last month.
2 min read · 22 January 2013
Emerging markets in Asia are very much on the private equity real estate map as fund managers channel significantly more capital to the region. The first half of 2008 saw funds target $30.4bn through dedicated Asia funds focusing on countries from China to Cambodia and India. By mid-year 2007 just $11.5bn was being raised for Asia-focused funds.
2 min read · 22 January 2013
The US property fund manager said the new business would assess corporate level acquisitions as well as debt and equity opportunities in a move towards higher risk, higher return strategies. Separately, LaSalle has plugged a gap in its European coverage by opening an office Milan led by former Redevco executive Francesco Coviello.
2 min read · 22 January 2013
Ernst & Young veteran Howard Roth will lead the firm’s global real estate practice, succeeding Dale Reiss who retired in June this year. The group is focusing in the near term on infrastructure, sustainable investing, the credit dislocation and new reporting standards.
1 min read · 22 January 2013