James Bennett (pictured) has joined Kiewit Development Company as senior P3 executive. Bennett had headed North America for John Laing.
1 min read · 15 January 2013
In a commentary today on the defensive value of real estate, CBRE’s chief EMEA economist, Peter Damesik, argues that even in the most extreme circumstances, it is unlikely investors would experience a total loss if they buy an office occupied by a bank, making it better than owning shares in the banks themselves.
3 min read · 15 January 2013
The state investment board wants to reduce its exposure to the largest funds in the market and is selling stakes in funds managed by KKR, Charterhouse, Carlyle and Blackstone.
2 min read · 14 January 2013
Girard Miller will be tasked with overseeing the Orange County Employees Retirement System’s $9.6bn portfolio as it implements a new asset allocation mix.
1 min read · 14 January 2013
The time for distressed investing in India has arrived, but investors on the whole are hesitating to take advantage of it.
3 min read · 14 January 2013
A consortium led by Egyptian private equity firm Citadel Capital has achieved financial close on a $3.7bn deal to construct a greenfield refining upgrade public-private partnership project in the Greater Cairo area.
2 min read · 15 January 2013
Joe Azelby, a one-time professional American football player, has built JPMorgan’s core US real estate platform into a global real assets business with $60 billion under management. In an interview with PERE, he explains why he is a fan of diversity, why investors need to change their attitude towards allocation and why he ultimately is glad that his football career was short. By Robin Marriott. PERE Magazine June 2012 issue.
10 min read · 15 January 2013
Northleaf Infrastructure Co-Investment Partners has amassed C$500m in capital. The fund is the debut infrastructure offering from private equity firm Northleaf Capital.
1 min read · 15 January 2013
The London and Hong Kong-based hedge fund manager is planning to wrap a $150m real estate opportunity fund around a strategy to unlock opportunistic returns from development and distressed real estate in Myanmar, Mongolia and Vietnam.
2 min read · 14 January 2013
Global Infrastructure Partners has bought Chesapeake Midstream Partners, a portfolio company GIP co-founded in 2009, for $2bn and entered into an agreement to buy another $2bn plus of Chesapeake assets.
2 min read · 15 January 2013
