The portfolio returned 25.4% in 2010, beating every other asset class except private equity. The Caisse de Dépôt et Placement du Québec also cut C$6.7bn of debt out of its infrastructure and private equity portfolios in 2010 as part of an effort to boost risk management.
2 min read · 15 January 2013
As limited partners continue to debate the merits of large buyout funds, evidence grows that they may not turn out to be the poor performers some had assumed.
3 min read · 15 January 2013
The performance of mega-funds was a key point at a recent meeting, where a board member said he didn't understand why the pension continued 'to do business with the mega-funds'.
3 min read · 15 January 2013
The $231bn pension also plans to boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.
2 min read · 15 January 2013
The $231bn pension also plans to 'bolster' its direct investment capabilities and boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.
2 min read · 15 January 2013
The $231bn pension also plans to boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.
2 min read · 15 January 2013
The Florida firm exceeds its fundraising target for a fund focused on distressed assets in its home state.
2 min read · 15 January 2013
3i Infrastructure, the London-listed infrastructure investor, has signed a new £200m revolving credit facility with a five-member banking syndicate. It replaces an equivalent £225m facility due to expire next month, and will be used as a ‘bridge to equity’ to finance future transactions.
2 min read · 15 January 2013
The Bethesda, Maryland firm, co-founded by Robert Johnson (pic) and Thomas Baltimore, is talking to LPs about consolidating its Urban Lodging Fund II and Fund III for a possible IPO as a public REIT.
2 min read · 15 January 2013
The firm expects to hit the fundraising trail this year targeting a similar amount to its $10.9bn opportunity fund, BREP VI, which is 70% invested. President Tony James said Blackstone invested $5bn of equity in real estate in 2010.
2 min read · 15 January 2013