Lagging valuations from private equity and real estate holdings have caused GIC's alternatives exposure to drop five percentage points.
2 min read · 05 January 2013
The New York-based alternative assets firm has increased the firepower of its AG Asia Realty Fund II after US pension fund the Oregon Public Employees Retirement System committed $100m.
2 min read · 05 January 2013
In the latest sign that the investment banking sector is withdrawing from managing private equity real estate funds, Bank of America Merrill Lynch has agreed a deal to hand over the management of the assets in its $2.65 billion Asian Real Estate Opportunities Fund and other real estate assets to The Blackstone Group.
2 min read · 05 January 2013
The LA-based firm becomes the second private equity house to buy a substantial distressed debt portfolio held by the Federal Deposit Insurance Corporation this week following Colony Capital’s capture of a 1,660 strong loan portfolio.
1 min read · 05 January 2013
Ed Greene, who led CP Eaton's Asian placement business, has established Diamond Dragon Advisors to advise on alternative investment funds.
2 min read · 05 January 2013
The $242bn National Pension Service of Korea will grow its alternatives allocation to more than 10% of total assets by 2014.
2 min read · 05 January 2013
daVinci founder Osamu Kaneko's reign as president has ended as Fortress has bought $230m of its debt, Nikkei reported.
2 min read · 05 January 2013
More than $1 billion was raised against distressed real estate debt strategies in Japan last month. But exactly what is the opportunity? PERE Magazine July/August 2010 issue
3 min read · 05 January 2013
New York-based Fortress has impressed the real estate investment community by raising $800 million for its first Asia fund, but will it be so successful deploying the capital? PERE Magazine July/August 2010 issue
3 min read · 05 January 2013
New York-based alternative investment firm, Fortress Investment Group, meets its capital raising target for its first Asia real estate fund, the yen-denominated Fortress Japan Opportunity Fund.
1 min read · 05 January 2013
