Pensions and SWFs are bringing ever larger portfolios to the secondaries market, with CalPERS’s recent $3bn sale the biggest so far.
2 min read · 19 November 2015
The state pension plan has invested in two previous Metropolitan funds.
1 min read · 18 November 2015
Park Hill advised CalPERS on the sale of the portfolio, which is made up of 43 fund stakes.
2 min read · 13 November 2015
NorthStar anticipates that distributions from real estate secondaries investments will come down in the next few quarters.
2 min read · 10 November 2015
The bank is letting the investments run through the end of their life and may tap the secondaries market only if interests remain by the Volcker Rule’s July 2017 deadline.
2 min read · 06 November 2015
The firm held a final close for its largest-ever real estate fund of funds.
2 min read · 28 October 2015
Japanese pensions, trust banks and funds of funds may target overseas RE secondaries as early as next year, according to CBRE.
2 min read · 27 October 2015
The New York-based asset management firm, one of the most active players in real estate secondaries, has acquired a majority stake in the Cleveland-based real asset adviser primarily from Chicago-based private equity group GTCR for $380 million.
2 min read · 15 October 2015
Staying small and leveraging relationship are the key to the secondaries advisories business, says Solomon Owayda, who recently founded Mozaic Capital Advisors with Christine Patrinos.
4 min read · 13 October 2015
As interest in real estate secondaries grows, funds in market are targeting more than $210m dollars more compared with this time last year, according to PEI data.
2 min read · 11 October 2015
