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Reports this morning say Deutsche Bank has launched the sale of a large chunk of its Global Asset Management business, which includes its real estate, infrastructure and private equity platform.
In addition to hiring a partner in Boston, the Merrill private placement spin-out has added six professionals to its team recently.
As the infrastructure asset class matures, two quite different types of investment are emerging. Former Allianz Capital Partners chief executive Thomas Putter explains why an understanding of this is so crucial
CalSTRS’ investment committee unanimously approved a policy change that allows the $140bn California pension to allocate more capital to private infrastructure investments.
The $140bn California pension presented its investment committee with a new policy that gives greater preference to private investments and emphasises OECD markets. Director of Investment Management John Petzold said the policies will give CalSTRS ‘a more clear and focused way’ to invest in the asset class.
The $242 billion National Pension Service of Korea is planning to grow its alternative assets allocation to more than 10 percent of total assets in 2014. The allocation represents a meteoric rise on the 3.8 percent target allocation set in 2008.
Why are some pensions much keener on infrastructure than others? The role of consultants may be key.
The $30.5bn Los Angeles County Employees Retirement Association will wait to make investments in the asset class because infrastructure is still too 'under-developed'.
The $30.5bn Los Angeles County Employees Retirement Association came to this conclusion after deciding that the marketplace for infrastructure investments is so under-developed that it is best for the pension to wait before making a commitment, according to a memo.
The India-focused private equity real estate firm has appointed Raj Inamdar as a principal in charge of creating new business initiatives as it nears the launch of its second opportunity fund.
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