Reporting first quarter earnings, the New York-based firm said it wrote-down its private equity investments by an average of 3%. President Tony James said the firm was concentrating on debt opportunities.
2 min read · 05 January 2013
The Canadian pension's private equity platform had a negative 32% return last year, which it blamed in part on two Lone Star funds. It also took large hits on its real estate and infrastructure investments.
2 min read · 05 January 2013
The private equity firms are reportedly in talks with Daito Trust Construction to buy the apartment builder. Daito said it was considering its “capital” position but refused to speculate on the issue.
2 min read · 05 January 2013
LaSalle Investment Management has been voted global firm of the year in the 2008 Global PERE Awards. Colony’s Richard Saltzman takes North American industry figure of the year, while Citi Property Investors win European firm of the year. MGPA take a raft of awards for their Asia operations.
2 min read · 05 January 2013
David Edwards, head of research for LaSalle Investment Management in Asia, is to take charge of the firm’s open-ended Asia Property Fund. Kenneth Tsang takes over Edwards’ former role.
1 min read · 05 January 2013
The Des Moines, Iowa-based real estate firm has appointed Michael Fortier as controller and chief financial officer of the funds managed by Aviva Investors’ New York office.
1 min read · 05 January 2013
Carolijn ter Haar and David Boyle will join Joseph Stecher, the chief investment officer of Morgan Stanley Alternative Investment Partners, to develop the recently-launched FoFs business. Ter Haar was previously with Mn Services and Boyle with REMCap.
1 min read · 05 January 2013
The latest private equity fund of funds from the Connecticut-based advisory group and funds manager will invest in buyout, venture and special situation funds.
1 min read · 05 January 2013
Falling equity values made 2008 the worst year in the history of the Government Pension Fund. The fund holds investments in several listed Macquarie and Babcock-affiliated infrastructure funds.
2 min read · 05 January 2013
The Vietnam real estate investment firm says it plans to launch a $400m property fund at the end of January next year, according to reports, arguing the wind has been taken ‘out of the sails’ of property developers in the country.
1 min read · 05 January 2013
