Senior portfolio manager Anne Simpson is expected to voice CalPERS’ support for the rule, which limits banks’ ability to participate in private equity and real estate funds.
2 min read · 17 January 2013
Real estate managers continue to account for the largest share of global alternative investments, according to a new survey from Towers Watson.
3 min read · 17 January 2013
This week milestones were reached for the London skyline as the Shard – Western Europe’s tallest tower – was inaugurated and Battersea Power Station was sold once again.
4 min read · 17 January 2013
A new survey from the New York-based accounting and consulting firm reveals that investors are gaining confidence in the office markets of Denver, Phoenix and Southeast Florida, especially as job growth continues in these areas.
3 min read · 17 January 2013
The US regulator will meet 22 August to ‘consider rules’ eliminating the ban on general solicitations of securities offerings, which has long prevented GPs from widely announcing their fundraisings.
2 min read · 17 January 2013
The largest LP in Colyzeo Investors II, Colony's European fund whose investments in hotel group Accor and hypermarket giant Carrefour halved in value, has failed in its bid to suggest that LPs should be fully entitled to documents in holding companies or special purpose vehicles.
3 min read · 17 January 2013
Despite the success of PropertyMatch, a US equivalent of the UK secondaries trading platform is unlikely to arrive anytime soon. PERE Magazine July, August 2012 issue.
3 min read · 17 January 2013
Morgan Stanley ‘couldn’t agree a price’ with Santander over a €700m property portfolio in Spain, as sources play down the country’s economic woes as a reason for the deal collapsing.
2 min read · 17 January 2013
The $218 billion state pension system has invested $100 million in the North American real estate advisor, making it a one-third owner of the firm.
2 min read · 17 January 2013
The European distressed market is perceived by some as an ‘invitation-only’ market favouring the very largest private equity funds, according to a survey.
3 min read · 17 January 2013