The Canadian pension suffered a negative 8.5% return in the second quarter owing largely to a decline in its public equities portfolio, which has in turn increased its exposure to private equity, real estate and infrastructure.
2 min read · 12 January 2013
The firm has closed a venture only fund after having a hybrid private equity and venture model in place since 1991.
1 min read · 12 January 2013
Jeffrey Schwartz, chief executive and chairman of the global logistics firm, resigned today. The Denver-based company, which manages a series of institutional property funds, is cutting jobs and costs as well as halting new developments in the face of a serious downturn.
2 min read · 12 January 2013
The volume of real estate sales has increased this year as corporates struggle to access traditional sources of capital, according to a property report. Real estate services firm Jones Lang LaSalle says in its latest Global Real Estate Capital Report that 'sale and leaseback' transactions should reach $34bn by the end of the year.
3 min read · 12 January 2013
The volume of real estate sales has increased this year as corporates struggle to access traditional sources of capital, according to a property report. Real estate services firm Jones Lang LaSalle says in its latest Global Real Estate Capital Report that 'sale and leaseback' transactions should reach $34bn by the end of the year.
3 min read · 12 January 2013
Hank Paulson, US Treasury Secretary, said today buying troubled assets is not the most effective way to use TARP funds.
2 min read · 12 January 2013
KKR's publicly listed debt affiliate made $49m in third quarter profits but will suspend its dividend to preserve liquidity.
2 min read · 12 January 2013
The Shanghai-based investment firm will invest $30m for a 25 percent stake in a joint venture with Chinese developer, China Housing & Land Development, to build a 79-acre mixed-used project.
1 min read · 12 January 2013
A panel of private equity insiders, including DLJ Merchant Banking chair Nicole Arnaboldi and Carlyle's Jonathan Colby, agreed the buyout industry is in for more pain but sees US deal activity regaining momentum sometime next year.
2 min read · 12 January 2013
KKR's publicly listed debt affiliate made $49m in third quarter profits but will suspend its dividend to preserve liquidity.
2 min read · 12 January 2013