Private Equity
The $70bn pension negotiated carry down to 16% on Cerberus spin-out Tenex Capital Management’s debut fund. Tenex is led by Michael Green.
2 min read · 05 January 2013
The pension fund has acquired a 45% stake in two Vornado office properties for $91m. The Canadian plan is increasingly targeting direct, core deals as it eyes major US cities.
1 min read · 05 January 2013
Investment activity and funds raised in Canada through Q3 2010 exceeded levels from the same period last year, though fundraising is still on track to come in below last year’s $2.1bn.
1 min read · 05 January 2013
Private equity firms and sovereign wealth funds are expected to play a greater role in company financing over the next year, at the expense of more traditional lenders like banks.
2 min read · 05 January 2013
Hines closes another Brazil real estate account with the California Public Employees pension fund. CalPERS has invested more than $380m to target Brazil with Hines over the past five years.
2 min read · 05 January 2013
The Wisconsin state investment board, which manages $78bn in assets, has awarded StepStone a three year contract for private equity consulting services for $600,000 a year.
2 min read · 05 January 2013
The China-focused mid-market private equity firm secured the commitment to its second RMB-denominated fund, which is reportedly targeting RMB10bn.
2 min read · 05 January 2013
A new player in UK private equity real estate has emerged, as Wainbridge Capital reaches a first close of £50m for a value-added fund with equity mainly from wealthy Russians.
3 min read · 05 January 2013
The £13bn endowment is shifting its focus away from Europe and the traditional limited partner model.
2 min read · 05 January 2013
The China-focused firm will become the largest shareholder of the Singapore-listed medical device manufacturer, acquiring a 29.47% stake for about S$283.8m.
2 min read · 05 January 2013
