North America

Onex to establish listed distressed debt fund

The Canadian private equity firm is offering shares in the investment vehicle for C$10 per unit.

Credit Suisse pushes back into asset management in Japan

Credit Suisse Securities (Japan) is setting up a Tokyo-based investment management company. The new entity will offer alternative assets, including private equity, to Japan's pension funds.

New York CRF suffers 22% drop in PE portfolio

Private equity was among many poorly performing asset classes for the pension, which had an overall loss of almost $50bn.

Liquid expands its portfolio team

The San Francisco-based secondaries firm has hired Rein Gabriel as an associate. Last month it hired former SL Green/Gramercy Capital executive John Graham to boost its acquisitions team.

Starwood expands green investments

Harmony Development, an affiliate of Starwood Capital, has signed a memorandum of understanding with Florida University to build an energy R&D complex in the green community of Harmony, Florida, one of only 10 official eco-communities in the sunshine state.

Over 60 respond to pension consultant request for information

Pension Consulting Alliance managing director Judy Chambers said the interest shown by managers was ‘in line’ with the consulting firm’s expectations. The next steps in the process are up to the pensions who will be provided the information requested by the PCA.

KKR hires ex-Vodafone CEO as senior advisor

Arun Sarin, former chief of Accel-KKR Telecom, has returned to work for the publicly traded asset management firm.

Starwood Land JV targets Atlanta

The affiliate of the private equity real estate firm, Starwood Capital, has formed a $75m joint venture with Cold River Development to target the 23-counties of the Atlanta metro region. It comes just two days after the firm bought 2,500 residential home sites in Arizona, California and Florida.

Judge rules against SEC in Markstone pay-to-play inquiry

Elliott Broidy, head of Markstone Capital, was not found to be uncooperative and has been given more time to meet SEC requests for information and testimony.

CalPERS shortlists infrastructure advisors

The $182 billion US pension will choose from Meketa Investment Group, Pension Consulting Alliance, R.V. Kuhns & Associates and Wilshire Consulting to advise its nascent infrastructure investment programme.