Yvette Choo

The sovereign fund, whose portfolio recently recouped some of the value it had lost in the past fiscal year, has not made clear how its private equity investment strategy may shift.

The Australian institutional investment manager will now invest in asset classes including private equity, infrastructure and real estate through a ‘house of boutiques’ model.

A partnership between DHFL Venture Capital and Redwood Group have formed a joint venture to invest in warehousing real estate in India.

UBS has reportedly written off more than A$500m of Stella Group’s debt in return for a 40% stake in the travel and hospitality company.The group's hospitiality arm operates a portfolio of more than 140 resorts, hotels and apartments.

Real estate funds raised $29.7 billion in 2008, almost twice the capital raised in 2007.

The Connecticut-based placement agent has promoted David Love and Franklyn Chang to lead its efforts in Asia Pacific and Europe, respectively. It has also promoted four other professionals across its Asia and US offices.

The Swiss gatekeeper will manage the Korean sovereign wealth fund's nascent secondaries programme.

Philip Levinson has been hired by the New York-based private equity and real estate firm, which is considering opening additional Asian offices. Levinson joins following spells at RREEF and LaSalle Investment Management.

China’s $200bn sovereign wealth fund is hiring globally for 33 positions across 13 departments, including real estate.

Lim Siong Guan will take responsibility for the organisational development of GIC Real Estate, GIC Asset Management and GIC Special Investments. GIC has also appointed Tony Tan as chairman of GIC Real Estate.