Fundraising | Jan 6, 2014 Blackstone Group surpasses $5b in fundraising by Andrea Waitrovich The Blackstone Group has raised $5.5 billion for its European fund, according to a filing with the SEC.
Transactions | Jan 2, 2014 ARA sells China property for $413m by Andrea Waitrovich Singapore real estate firm ARA Asset Management has sold, on behalf of its $1.13 billion Dragon Fund I, the Nanjing International Finance Center in Nanjing, China, for $413 million.
Sullivan joins Monday Properties by Larry Gray Sean Sullivan assumes a new position at Monday Properties and holds the title of executive vice president.
Big funds make splash in 2013 by Larry Gray In 2013, there were a number of substantial fund closings during the course of the year.
REITs pile into public market in 2013 by Loretta Clodfelter It seems 2013 has been a banner year for initial public offerings of U.S. REITs. As the year comes to an end, a score of REITs have gone public, more than twice the annual IPO total of the past few years.
Fundraising | Dec 31, 2013 Virtu Investments markets third fund by Larry Gray Virtu Investments is seeking to raise $50 million for its third multifamily fund, Virtu Investments Multifamily Opportunity Fund III.
Tennessee selects two new investment managers by Reg Clodfelter The Tennessee Consolidated Retirement System has selected L&B Realty Advisors and BlackRock Realty Advisors to be its new real estate investment managers.
Indiana commits $100 million to core debt fund by Reg Clodfelter The Indiana Public Retirement System has committed $100 million to Mesa West Core Lending Fund.
Taiwan pension seeks four securities investment managers by Reg Clodfelter The $43.6 billion Taiwan Labor Pension Fund is seeking two global real estate securities investment managers and two global infrastructure securities investment managers, all four of which are to receive commitments of $100 million.
CalPERS fine-tunes infrastructure policy by Andrew Campbell The California Public Employees' Retirement System has revised its infrastructure policy in order to give it an edge in pursing investments and to support diversification.
New firm launches first fund by Andrea Waitrovich C&B Equity Investments has launched BB Residential Investments Fund 1, described as an open-end fund with a $100 million fundraising goal.
Blackstone raises $3b for Asia fund by Reg Clodfelter The Blackstone Group has raised $3.0 billion for its first fund that focuses exclusively on Asia Pacific investment.
Energy Capital launches $3b energy fund by Andrea Waitrovich Energy Capital Partners has launched a third fund, Energy Capital Partners III, with a $3.4 billion fundraising goal, according to a filing with the SEC.
Hunt Investment senior vice president retires by Andrea Waitrovich Steve Walker has plans to retire as senior vice president and managing director at Hunt Investment Management, effective Jan. 1, 2014.
DRA Advisors raises $774 million for value-add fund by Reg Coldfelter DRA Advisors has raised $774.3 million for DRA Growth & Income Fund VIII, according to a filing with the SEC.
Equus fund holds $309m final close by Andrea Waitrovich Equus Capital Partners has held a $309.8 million final close for its ninth fund, BPG Investment Partnership IX, according to a filing with the SEC.
DivcoWest raises $599m for fourth fund by Andrea Waitrovich DivcoWest has raised approximately $599.3 million for its recently launched fourth fund, according to a filing with the SEC.
Texas TRS invests $435m in Europe by Andrea Waitrovich The Teacher Retirement System of Texas has committed $434.6 million to Europe-focused funds.
Ethika continuing to raise capital on noncore fund by Reg Clodfelter Ethika Investments has pushed back the final closing of Ethika Diversified Opportunity Real Estate Fund and will continue raising capital until June 2014.
Pennsylvania schools commits $275m to noncore real estate by Reg Clodfelter The $49.4 billion Pennsylvania Public School Employees Retirement System has committed $275 million to noncore real estate, as confirmed by board documents released this month.
