The rule’s complexity coupled with the incoming holiday season and regulators’ heavy workloads have been blamed for the delay. Onlookers now expect it to be implemented mid to late first quarter.
2 min read · 15 January 2013
The former CIO of Morgan Stanley AIP’s real estate fund of funds business has formed Candlewood Investments to specialise in secondaries and co-investments.
2 min read · 15 January 2013
The $1.4 trillion Japanese pension fund has officially launched its study on how it can invest in alternatives, including private equity.
2 min read · 17 January 2013
The asset management arm of the Swiss financial services giant has tapped its chief operating officer to oversee its global real estate business, taking over from departing head, Paul Marcuse.
2 min read · 17 January 2013
The state investment board, which manages $12.78 billion in total assets, has agreed to invest in two value-added funds as it continues to raise its exposure to the real estate strategy.
2 min read · 17 January 2013
The joint venture between the two New York-based investment firms has purchased 1201 Third Avenue in downtown Seattle for nearly $550 million.
2 min read · 17 January 2013
Following the promotion of four executives, the New York-based real estate multi-manager has hired Douglas Lee to head up its sales, marketing and investor relations efforts.
2 min read · 17 January 2013
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
