Private equity firms would have to comply with tighter standards for capitalisation, hold periods and disclosure requirements if proposed rules from US banking regulator FDIC are approved.
2 min read · 21 January 2013
The $182bn pension, the largest in the US, will negotiate with private equity firms for fee reductions on all new commitments. The practice follows a policy the pension implemented in March to negotiate fee reductions with hedge funds.
2 min read · 21 January 2013
The Canada Pension Plan Investment Board has agreed to inject equity into a retail park fund advised by REIT, British Land, and managed by Schroder Property.
2 min read · 21 January 2013
Four developers in Dubai are planning to merge operations into what could be the biggest developer in the Middle East and North Africa. Emaar is planning to join forces with Dubai Properties, Sama Dubai and Tatweer.
1 min read · 21 January 2013
European fund managers are preparing to fight tough draft-EU regulations for the industry. US and non-EU GPs could also be severely affected. By Kevin Ley.
3 min read · 21 January 2013
The London-based firm has hired Rubeena Hossenbocus from asset manager M&G to be a manager within the fund manager’s distribution team.
1 min read · 21 January 2013
The ultra and high-net-worth community shrank by 25% and 15% respectively in 2008, according to the latest Merrill Lynch/Capgemini world wealth report. However, the allocation to real estate rose by 4% – despite a general move towards liquid assets.
2 min read · 21 January 2013
Korea Investment Corporation has signed memorandums of understanding with Australia’s QIC and Malaysia’s Khazanah Nasional to jointly explore investment opportunities.
2 min read · 21 January 2013
The sovereign fund will resume overseas investments following a $3bn cash injection by the Korean government.
1 min read · 21 January 2013
Investment firms with assets over a ‘modest threshold’ will need to register with the SEC, according to a proposal released last night by the White House. The plan comes a day after a Senate bill set $30m as the line above which all firms would need to register.
2 min read · 21 January 2013
