The $69.42 billion pension plan has committed $200 million to a new real estate separate account with Och-Ziff Capital Management and also plans to allocate up to $120 million to SC Management’s latest Asia real estate fund.
3 min read · 17 January 2013
The former chief US housing strategist at Morgan Stanley has co-founded an asset management firm to invest more than $1 billion in distressed single-family rental homes in the US over the next two years.
3 min read · 17 January 2013
The Government of Singapore Investment Corporation has stockpiled cash during the year to 31 March as it awaits better investing conditions. Adopting a cautious outlook, the sovereign wealth fund nonetheless increased its allocation to alternative assets by 1 percent.
3 min read · 17 January 2013
Foreign firms subject to FATCA reporting requirements may find relief in an ‘intergovernmental’ approach being pursued by US tax authorities.
2 min read · 17 January 2013
China Investment Corporation saw its total assets grow to $482bn in 2011 but registered a loss of -4.3 percent for the year. To mitigate current volatile market conditions, the state fund has continued to increase its exposure to alternative assets.
2 min read · 17 January 2013
A trade association unveiled fresh guidelines today on the best practices for issuing commercial mortgage-backed securities. The so-called ‘principles’ have been set in anticipation of real estate capital markets reopening once European macroeconomic woes are forgotten.
3 min read · 17 January 2013
The Maryland-based private real estate firm saw its latest investment vehicle oversubscribed, with commitments from limited partners such as the New York State Teachers’ Retirement System.
2 min read · 17 January 2013
Under its current guise, the Volcker rule could reach across US borders in preventing banks from sponsoring certain foreign private funds.
2 min read · 17 January 2013
The Zurich-based investment bank said today that it is looking to sell one of its largest private equity fund investing groups, which has a $1 billion real estate practice, citing its illiquidity and lack of synergy with the rest of the firm.
2 min read · 17 January 2013
The chairman of RREEF’s global opportunistic real estate business has joined Toronto and New York-based Brookfield Asset Management in its London office to lead real estate investing activities in Europe.
2 min read · 17 January 2013
