The investment board, which manages $11.8 billion in pension assets, has launched a search for a firm to help the system reach a target allocation of 10 percent in the asset class.
2 min read · 17 January 2013
Despite growing investor interest in such vehicles, separate accounts can make it more challenging for some general partners to build or expand their business.
3 min read · 17 January 2013
The US bank also says banks in Europe are 20 to 25% through their estimated deleveraging – a faster pace than it expected – and picks out Blackstone and Oaktree as being well positioned to capitalise.
3 min read · 17 January 2013
Struggling Bahrain bank Arcapita, which filed for Chapter 11 bankruptcy protection earlier this year, has cancelled plans for an initial public offering of a logistics property company in Europe.
2 min read · 17 January 2013
New York, home to many private equity real estate firms, regroups in the wake of Hurricane Sandy.
2 min read · 17 January 2013
The revised guidelines feature an expanded list of ‘essential disclosures’ GPs should include in their investor reporting.
2 min read · 17 January 2013
The former director of real assets at the North Carolina-based multimanager is starting up a fund of funds platform for Chicago’s Oak Street Real Estate Capital.
2 min read · 17 January 2013
Non-US private equity and real estate firms have been given another year to prepare for the complex US tax law.
2 min read · 17 January 2013
Federal subdivisions of Germany plan to scrap Germany’s carried interest tax exemption, in effect increasing its tax rate by 20 percent.
2 min read · 17 January 2013
The London-based law firm has elected Mark Shipman to lead its corporate practice in Asia Pacific, as 10-year incumbent Roger Denny steps down.
2 min read · 17 January 2013