The $125bn public pension plan is reportedly trying to back out of a $300m commitment to the $4.7bn MSREF Global VII fund.
2 min read · 24 January 2013
Institutional investors say they are willing to trade lower returns for less risk. However, is the current push for core full of hidden risk?
2 min read · 24 January 2013
Manatt Phelps, which took a fee from an LA buyout firm for arranging a CalPERS meeting, has agreed to pay a fine and accepted a five-year ban on facilitating business with New York pension funds.
3 min read · 24 January 2013
Competition for core assets is pushing prices higher and cap rates down, however with little prospect for growth is the sector becoming increasingly risky?
2 min read · 24 January 2013
The EU’s leading opponent to letting foreign private equity firms easily access Europe’s deep capital markets has softened its position.
2 min read · 24 January 2013
The private equity industry accounted for 73% of UK M&A activity in the first half of the year, its highest proportion on record.
2 min read · 24 January 2013
Cordea Savills, the real estate investment management business of property services firm Savills, has hired Richard James from Internos Real Investors as chief financial officer where he worked for just under a year.
1 min read · 24 January 2013
This week saw the EXPO REAL 2010 property show in Munich, Germany, bluster along. Here are some key takeaways:
3 min read · 24 January 2013
Centerbridge Properties, Paulson & Co and the Blackstone Group have acquired the hotel group for $3.9bn
2 min read · 24 January 2013
The Belgian presidency has proposed a five-year dual approach to the AIFM's third country rules, in an attempt to find harmony on one of the pending directive's most hotly contested issues.
4 min read · 24 January 2013
