Fund Management

Aviva hires Felix to market fund of funds in US

The former Institutional Real Estate Letter managing director, Steve Felix, has been appointed as Aviva Investors’ head of marketing for its North America real estate multi-manager platforms.

Walker: UK needs ‘more private equity, not less’

BVCA head Simon Walker has distanced private equity’s investment strategy and remuneration scheme from investment banks and hedge funds, while speaking at a Conservative Party conference event. He also stressed the UK’s need for private equity’s vast capital reserves given current market conditions.

Aureos makes first Kazakhstan deal(2)

The emerging markets specialist has invested $10m from its Central Asia fund in equipment leasing finance company Leasing Group. Launched last year, the fund has raised $60m of its $100m target.

Aureos makes first Kazakhstan deal

The emerging markets specialist has invested $10m from its Central Asia fund in equipment leasing finance company Leasing Group. Launched last year, the fund has raised $60m of its $100m target.

GE to cut real estate portfolio by $10bn(2)

The US conglomerate said it was looking to cut its commercial real estate assets to $80bn from $90bn over the next year as part of the firm’s plans to scale back on its financial arm, GE Capital.

GE to cut real estate portfolio by $10bn

The US conglomerate said it was looking to cut its commercial real estate assets to $80bn from $90bn over the next year as part of the firm’s plans to scale back on its financial arm, GE Capital.

New Zealand private equity activity suffers steep drop(2)

Private equity investments in New Zealand fell by more than 90 percent in the first half of 2008, compared to the same period last year.

New Zealand private equity activity suffers steep drop

Private equity investments in New Zealand fell by more than 90 percent in the first half of 2008, compared to the same period last year.

Flowers to buy $14m Missouri bank in his own name(2)

JC Flowers' founder may use the First National Bank of Cainesville as a platform acquisition for other distressed and failed deposit-taking institutions, according to a regulatory filing.

GIC to shift sights to private equity(2)

Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.