Sam Sutton

Mesa West is set to close its latest real estate debt fund above its $650 million target.

The Blackstone chief took time to attend New Jersey’s State Investment Council meeting this week to give his macro view of the market.

Private equity and real estate firms are asking limited partners for terms that would allow for the renegotiation of fund agreements in the event carry’s tax treatment changes.

A recent survey from Coller Capital and the Latin American Private Equity & Venture Capital Association found that a majority of LPs will either increase or stand pat on commitments to Latin American funds over the next year.

Investment staff will be able to make re-ups to private equity and real estate funds without having to wait for Nebraska Investment Council approval under certain conditions.

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.

The $24.7bn pension system will issue separate requests-for-proposals for a real estate consultant and an alternatives consultant, with plans to award new contracts by the end of the year.

President Barack Obama signed the Jumpstart Our Business Startups Act into law Thursday, signifying huge changes to the way private equity and real estate fundraising is regulated.

President Barack Obama’s recent proposal to lower corporate tax rates and streamline the US tax code could drive down returns for mainstream private equity and private equity real estate firms and their portfolio companies.

Record secondary deal volume is giving GPs the opportunity to broaden their investor base, according to panelists at Harvard Business School’s Venture Capital and Private Equity Conference.