The global accounting and advisory firm has appointed two partners to senior leadership positions in its Americas real estate practice.
2 min read · 18 January 2013
In its annual report for the year 2010/2011, the Government of Singapore Investment Corporation said its exposure to real estate had increased from 9 percent to 10 percent over the year, nudging the sovereign wealth fund’s alternative assets up 1 percent to 26 percent of total assets.
2 min read · 18 January 2013
A critical two month countdown has begun for the funds industry to study and respond to detailed AIFM proposals released by EU regulators last week. The industry’s lobbying efforts appear to have borne fruit, but concerns remain.
3 min read · 18 January 2013
Ohio’s $76 billion pension system wants to hire a consultant to assist in the auditing and ranking of its private equity and real estate portfolios.
1 min read · 18 January 2013
A shift in strategy by pension funds worldwide means they now comprise around half of alternative asset managers' investor base, according to a recent survey. The survey also shows pensions’ already strong appetite for real estate continuing to grow as they seek to diversify away from equities.
2 min read · 18 January 2013
The Canadian pension fund manager known as AIMCo, which looks after the Alberta Heritage Savings Trust Fund, wants to increase returns partly by investing outside its home territory, including the US and Europe.
2 min read · 18 January 2013
From large private equity shops and limited partners to boutique advisors and workout specialists, the Hilton Tower Bridge in London was the hub for European private equity real estate last month. PERE Magazine July,August 2011 issue.
2 min read · 18 January 2013
Hope for the revival of Europe’s CMBS market as Deutsche Bank places ‘DECO 2011-CSPK’ backed by a £302m loan made to The Blackstone Group to buy Chiswick Park in London. GIC is also revealed as the mezzanine lender to Blackstone for its deal.
2 min read · 18 January 2013
Tony Tan has given up his positions as deputy chairman and executive director at the Government of Singapore Investment Corporation to contest at the upcoming Singapore presidential elections. The news comes days after GIC revealed its new RE chief.
2 min read · 18 January 2013
Private equity firms active in the UK have gained vital clarity on their responsibilities in the government’s battle against corruption. Many of their liabilities will extend to portfolio company level under the UK Bribery Act set to enter force in July.
2 min read · 18 January 2013
