Fundraising | Sep 5, 2013 Torchlight raises $420 million for fourth debt fund by Andrea Waitrovich Torchlight Investors, formerly ING Clarion Capital, has raised $420 million for its Torchlight Debt Opportunity Fund IV.
Korea Investment Corp. targets $10 billion in alternatives by Drew Campbell Korea's sovereign wealth fund -- Korea Investment Corp. -- plans to allocate up to $10 billion to alternatives such as real estate and infrastructure by 2016, reports Bloomberg News.
Panda Power announces new power deals by Drew Campbell Panda Power Funds has announced two power generation transactions.
Infrastructure debt funds complete refinancing deal by Drew Campbell Infrastructure debt fund managers Westbourne, IFM and AXA have provided loans to Peel Ports for a
Fundraising round-up by Drew Campbell A number of infrastructure funds raised equity in July and August.
Pension funds approve infrastructure commitments by Sara Kassabian and Andrea Waitrovich A number of U.S. public pension funds have made commitments to infrastructure managers.
Mesirow launches second multifamily value-added fund by Andrea Waitrovich Mesirow Financial has launched a $500 million value-added fund, Mesirow Financial Real Estate Value Fund II, according to a filing with the Securities and Exchange Commission.
USAA Real Estate Co. acquires One Riverwalk Place by Larry Gray San Antonio-based USAA Real Estate Co. has acquired One Riverwalk Place, a 261,633-square-foot office property located in its own backyard.
CalSTRS invests $620 million to real estate in second quarter by Andrea Waitrovich The $165.8 billion California State Teachers' Retirement System (CalSTRS) has committed $620 million for its real estate portfolio as of June 30, 2013.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included office properties in Austin and New York City.
NMERB makes first-time investment by Andrea Waitrovich The $10.3 billion New Mexico Educational Retirement Board (NMERB) has approved a first-time commitment to Raith Capital Partners' real estate debt fund.
CCCERA invests $150 million in distressed real estate by Andrea Waitrovich The $5.95 billion Contra Costa County (Calif.) Employees Retirement Association (CCCERA) has approved two follow-on commitments to opportunistic distressed real estate funds.
CNL buys senior portfolio for $457 million by Andrea Waitrovich CNL Healthcare Properties has bought a portfolio of 21 senior housing communities in five states throughout the Pacific Northwest for an aggregate purchase price of approximately $457.3 million.
Avenida raises $68.2 million for Colombia fund by Andrea Waitrovich Avenida Capital has held a first closing for its first institutional fund, Avenida Colombia Real Estate Fund I, raising approximately $68.2 million.
Blackstone debt fund holds final close with $1.74 billion by Andrea Waitrovich The Blackstone Group has raised an additional $406 million in equity commitments for its Blackstone Real Estate Debt Strategies II.
AMP completes first close of infrastructure debt fund by Drew Campbell AMP Capital has raised more than $300 million from 17 institutional investors from Australia, Japan, South Korea, Switzerland and the United Kingdom to complete the first close of the AMP Capital Infrastructure Debt Fund II.
Texas pension embarks on infrastructure investment by Drew Campbell The $24 billion Employees' Retirement System of Texas announced plans to commit up to $235 million to infrastructure in 2014 as part of an overall plan to reach a 4 percent target allocation by 2015.
Greystar raises $140 million for eighth multifamily fund by Andrea Waitrovich Greystar Real Estate Partners held a first close for its Greystar Equity Partners VIII on Aug. 6.
LBA launches fifth real estate fund by Andrea Waitrovich Irvine, Calif.–based LBA Realty has launched LBA Realty Fund V, according to a filing with the Securities and Exchange Commission.
CIM Group raises $103 million for eighth fund by Andrea Waitrovich CIM Group has raised an additional $103.3 million for its CIM Fund VIII.
