A focus on alternative assets by Australia’s A$67bn Future Fund led to an increase in real estate exposure from 1% to 4% in the year to March 31 2010. The state wealth fund also increased its exposure to infrastructure investments.
2 min read · 05 January 2013
The Chicago-based firm has been appointed by the Teacher Retirement System of Texas to co-invest in opportunities in North America first and then on a global basis.
2 min read · 05 January 2013
IDFC Private Equity has exited an investment in a company which controls Delhi International Airport by swapping the stake with shares in its parent company.
1 min read · 05 January 2013
RREEF promotes asset and portfolio management head Paul Keogh to chief investment officer for its Asia Pacific business. Keogh, who has also held other roles at RREEF, replaces Mark Fogle who resigned at the end of last month.
1 min read · 05 January 2013
Mark Fogle, who was chief investment officer for Asia at the Deutsche Bank-owned alternative investment and asset management platform, has confirmed his departure from the firm. Fogle joined RREEF at the start of 2007 after a spell with AIG.
1 min read · 05 January 2013
Bain Capital has taken out a 15-year lease in New England’s tallest tower, boosting its Boston office space by 154,000 square feet.
2 min read · 05 January 2013
Qatar Holding, the direct investment division of the Qatar Investment Authority, has purchased the world famous Harrods store in London for £1.5bn.
1 min read · 05 January 2013
Despite the departure of a number of senior executives from RREEF’s Asia business, the firm maintains expansion in the region is still on the cards. PERE magazine May issue 2010.
3 min read · 05 January 2013
The private equity and real estate giant is reportedly to offload a majority share of its £1.4 billion (€1.56 billion; $2.1 billion) UK leisure business, Center Parcs.
1 min read · 05 January 2013
A bid by UK charitable foundation The Wellcome Trust and The Blackstone Group to buy 318 branches owned and operated by UK bank The Royal Bank of Scotland, has been withdrawn.
2 min read · 05 January 2013