Eva Poon

Istithmar takes Barneys for $942m

Dubai-based private equity firm Istithmar has emerged with high-end retailer Barneys New York for a purchase price of $942m, after a month-long bidding war with Japanese clothing retailer Fast Retailing.

CalSTRS increases alternatives allocations

Following close on the heels of CalPERS’ portfolio allocation changes, the $173 billion California State Teachers’ Retirement System has increased its private equity allocation to 8 percent.

Wood leaves CalPERS for revamped Cap Z

The pension giant’s senior investment officer for global equity has resigned to become chief executive of the recently spun-out hedge fund sponsor.

Caisse may channel C$1.6bn to Indian property by 2012

Canadian pension fund manager Caisse de depot et placement du Quebec is reportedly looking to spend C$1.6bn on real estate in India in the next five years.

Tishman, Lehman pay $22.2bn for Archstone REIT(4)

Tishman Speyer and Lehman Brothers have purchased Colorado-based REIT Archstone-Smith for $22.2 billion, in one of the largest private equity real estate take-privates since Blackstone’s Equity Office acquisition.

Blackstone real estate fundraise passes $10bn

The private equity real estate division of Blackstone has yet to reach a final close, but its commitments to date mean the New York alternatives giant now controls the largest funds in both private equity and private equity real estate.

Tishman, Lehman pay $22.2bn for Archstone REIT(3)

Tishman Speyer and Lehman Brothers have purchased Colorado-based REIT Archstone-Smith for $22.2 billion, in one of the largest private equity real estate take-privates since Blackstone’s Equity Office acquisition.

Tishman, Lehman pay $22.2bn for Archstone REIT(2)

Tishman Speyer and Lehman Brothers have purchased Colorado-based REIT Archstone-Smith for $22.2 billion, in one of the largest private equity real estate take-privates since Blackstone’s Equity Office acquisition.

Colony hires former Amgen exec

The global buyout firm has expanded its team of professionals with the addition of former Amgen, Disney and Starwood Hotels executive Richard Nanula.

BlackRock head goes solo(4)

The head of BlackRock investment management firm, spun out of The Blackstone Group in 1992, has stepped down as president—reportedly to raise a $1 billion fund for private equity, hedge fund and real estate investments.