The $16bn pension system has hired Art Wang, the private equity chief from the New York State Common Retirement Fund, to oversee real estate, private equity and real assets.
1 min read · 27 August 2013
The UK Treasury's consultation will also permit ‘third country’ funds to continue to use private placements until 2015.
2 min read · 27 August 2013
The private equity real estate business of investment bank Morgan Stanley has devised a plan to resolve the future of the one fund on its books that stands to contravene the Volcker Rule and has put it to an investor vote.
3 min read · 27 August 2013
The types of sellers and their motivations for selling on the secondary market have shifted significantly in just a few years, according to new research from Partners Group.
3 min read · 27 August 2013
William Krauch has joined the North American real estate advisor’s executive management, in charge of the firm’s investor relations and product development functions.
1 min read · 27 August 2013
The Blackstone chief took time to attend New Jersey’s State Investment Council meeting this week to give his macro view of the market.
2 min read · 27 August 2013
Earlier this week, Basel III restrictions fell victim to pressure from banks, and there are now calls to dilute the Volcker Rule as well.
3 min read · 27 August 2013
Smaller managers should consider full AIFM compliance if they want to impress investors on the fundraising trail, according to Ernst & Young’s Luxembourg private equity leader.
1 min read · 27 August 2013
The pan-EU watchdog has released guidelines clarifying some of the directive’s key concepts, including the definition of an 'AIF'.
2 min read · 27 August 2013
A consortium that includes Westbrook, Fortress and Atlas Capital has bought the majority stake in a massive 1.2 million-square-foot office that stretches across Manhattan’s SoHo and Meatpacking neighborhoods for approximately $250 million. The consortium now fully owns the property.
2 min read · 27 August 2013
