Former Goldman Sachs managing director Joseph Stecher is tasked with heading Morgan Stanley Alternative Investment Partners' new real estate fund of funds business.
The three countries unveil a voluntary set of principles warning against the creation of protectionist barriers but also for greater transparency among sovereign wealth funds
XAnge has closed its most recent fund, counting Moroccan LPs among its investors.
The retirement system’s board has postponed its vote on a bill staff estimates would cost up to $12 billion in lost private equity returns.
In a letter to the US government, Abu Dhabi argues its sovereign wealth fund, the Abu Dhabi Investment Authority, should be treated like any other US pension funds and not unfairly discriminated against.
The C$119 billion Canada Pension Plan Investment Board has delivered on its promise of direct infrastructure investments after New Zealand shareholders approved a bid for almost 40 percent of Auckland International Airport.
The C$119 billion Canada Pensions Plan Investment Board delivers on its promise of direct infrastructure investments after New Zealand shareholders approve a bid for almost 40 percent of Auckland International Airport.
The $35bn Pennsylvania State Employees’ Retirement System allocates further funds to RE after returning 22 percent from the asset class last year.
The Piramal-owned firm has already received a $250m commitment from 3i.
Nascent private equity programmes for the Arizona State Retirement System and the Employees Retirement System of Texas are making major commitments to the asset class this year.