The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 15 January 2013
The $12.78bn retirement system has invested $100m across five funds since its February meetings.
2 min read · 14 January 2013
Senior managing director Timothy White will transition out of GSO after the group eliminated its ability to make private equity investments in its second mezzanine fund.
3 min read · 14 January 2013
A portfolio of 50 percent stakes in three of Centro Retail Australia’s marquee shopping centres has been sold to Stan Perron, the Perth-based billionaire, ahead of investors such as TIAA-CREF, CPPIB and Australian fund manager QIC, in deal valued at A$690.4 million.
2 min read · 15 January 2013
The London-based financial advisory business is expected to join a growing contingent of players looking to capitalise on the UK’s debt funding void.
2 min read · 15 January 2013
The Hong Kong-based private equity firm is one step closer to its final close thanks to a $100m commitment from US pension fund, CalPERS.
2 min read · 14 January 2013
AnaCap Financial Partners has met its £350m hard cap for its second credit opportunities fund, which raised almost six times as much capital as its first 2010-vintage debt investment vehicle.
2 min read · 14 January 2013
Capstone will pay off debt using cash generated from its sale of 20% of Bristol Water. The UK water utility marked the first-ever non-energy Capstone investment.
1 min read · 15 January 2013
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
3 min read · 14 January 2013
The firm has formed a $600m customised account with a large pension system, and could launch its next flagship buyout fund later this year, according to firm president Marc Spilker.
2 min read · 14 January 2013
