Fresh from confirming its forthcoming takeover of MGPA, the world’s largest asset management company by asset value, has hired the Colony Capital fundraiser to help spearhead its global real estate fundraising efforts.
The London-based residential lender aims to lend £250 million to developers over the next five years for housing developments in London and the south east of England.
Theodore Eliopoulos, CalPERS’ senior investment officer for real assets, has stepped in as acting CIO as Joe Dear battles prostate cancer.
New Jersey’s successful sale of nearly $1 billion in property fund interests has defied many expectations, and the real estate secondaries market may never be the same again.
The New York-based real estate and private equity firm has demonstrated its favor with institutional investors yet again, this time pulling capital for its maiden Asia opportunity real estate fund.
The Swiss-based bank wants to diversify its capital sources to mitigate the ‘concentration risk’ of its current real estate investment management platform, stating it is too dependent on fresh capital in the US, Switzerland and Japan.
The $75.64 billion pension plan has reached an agreement to sell a nearly $1 billion portfolio of real estate fund interests to a new entrant to the secondary market.
A joint venture between real estate and infrastructure investment manager InfraRed Capital Partners and real estate and textiles giant Nan Fung has secured capital commitments in two closes.
Lamothe’s promotion is one of three senior executive changes at the world’s largest real estate investment management business.
The $9.2 billion pension plan’s new director of private markets will oversee the team investing in private equity, real estate and real assets, including infrastructure.