The $62.2 billion pension plan has agreed to invest in the Dallas-based private equity firm’s latest fund, which will target distressed debt, distressed real estate and real estate entities.
2 min read · 28 August 2013
John Paulson’s eponymous firm has closed on $330 million for its Paulson Real Estate Fund II, which is targeting some $400 million in equity commitments.
2 min read · 28 August 2013
The Chicago-based multifamily investment firm has brought on its first in-house investor relations person, following the recent launch of its latest real estate fund.
2 min read · 28 August 2013
Ken Whitney, who joined Blackstone in 1988, has long led the firm’s investor relations function, but he also played a key role in helping create various business lines like real estate and corporate debt.
2 min read · 27 August 2013
The Orange County Employees’ Retirement System has published a policy document outlining its plans to push back against fees. The policy will affect the system’s alternatives program, which will likely impact real estate.
2 min read · 27 August 2013
The Atlanta-based real estate investment manager is acquiring a nearly 1 million-square-foot office tower for $480 million on behalf of the Korean pension from a joint venture between Hines and CalPERS.
1 min read · 27 August 2013
‘Good potential’ for private equity investment to keep growing in the hospitality sector, with Southeast Asian countries such as Cambodia seeing 25 percent growth in tourism, according to global property services firm Jones Lang LaSalle.
2 min read · 27 August 2013
Samsung SRA Asset Management, a real estate investment management business of Samsung Life Insurance, has completed its first direct real estate acquisition for the Korean corporate giant in London.
1 min read · 27 August 2013
In separate transactions, the Greenwich, Connecticut-based real estate investment firm has bought an office tower in Charlotte and a portfolio of eight multifamily properties in Florida.
1 min read · 27 August 2013
Merrit Maddux, head of Asia at private equity real estate firm Forum Partners, has left after six years to start his own firm Rail Canyon Capital. He has been replaced by ex-Deutsche Bank, Morgan Stanley and Paul Hastings executive Gregory Wells.
2 min read · 27 August 2013
