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
The $12 billion pension system has agreed to contribute $35 million to Rockwood Capital Real Estate Partners IX.
2 min read · 17 January 2013
Delegates at PERE’s inaugural conference in Beijing were told yesterday how Beijing’s policymakers would be unlikely to add to current restrictive real estate policies during this year’s government transition.
3 min read · 17 January 2013
