Alfred Villalobos, the embattled placement agent accused of bribery by California's attorney general, said during a bankruptcy hearing he plans to sue CalPERS for defamation.
The Korea Investment Corporation has appointed Swiss-based alternatives firm Partners Group to help it invest in private real estate strategies
Inflation hedging is a key driver of infrastructure’s fundraising revival, writes Andy Thomson.
Orin Kramer, chairman of the New Jersey's state investment council, urged council members to lift the 28% cap on alternatives. The proposal comes just as New Jersey is said to be mulling a 3% to 5% allocation to infrastructure.
The global asset management and advisory firm aims to ramp up direct investments in Latin America, including clean energy infrastructure deals.
Susan Flynn has left her role as co-CIO at fund of funds Hermes GPE. Flynn, who worked alongside Peter Gale, led the firm's secondaries and infrastructure activities.
Financial services firm Towers Watson said following a recent report regarding pension fund investments in alternative asset classes that investors should pay ‘careful attention to the net of fees proposition, in particular for infrastructure’.
The firm's prior direct investment fund collected $443 million in 2006.
The $132bn pension plans on hiring additional investment staff, a consultant, legal counsel and ‘independent’ fund managers to help it fulfill its ambition of becoming a ‘world class infrastructure investor’, according to a business plan. The pension has up to $3.5bn to invest in the asset class.
The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.