A note to all those seeking contact details for Chaucer Alternative Asset Management. Stop now. The firm does not exist.
Macquarie Funds Group has announced two new hires in its private equity division, one of which is former Partners Group executive Mike Siebert who joined the firm’s Sydney office when it was launched in April 2008.
New Canterbury-based alternative investment and asset management business sets large capital raising targets for investment programmes in real estate, private equity and infrastructure.
Why limited partner capital could be finding its way into the wrong funds. By Andy Thomson
Divided opinion 2010-04-01 Andy Thomson <P>Turn to p.14 of this, the April 2010 issue of Infrastructure Investor, and you’ll find out why one US pension considers now is the time for it to start becoming a “premier infrastructure investment manager” while a second US pension does not even believe that
Christoph Schumacher, the head of indirect investments at Generali Deutschland Immobilien, the insurance group’s asset manager, said at Infrastructure Investor: Europe 2010 that LPs investing in infrastructure should create a platform for discussion similar to real estate’s INREV or private equity’s PEIA.
UBS Asset Management and state-backed Abu Dhabi Invest AD have dissolved their Middle Eastern infrastructure fund due to weak market conditions, both companies said in a joint statement. No investments were made.
In a pre-close update issued ahead of its annual results announcement in May, 3i Infrastructure managing partner Cressida Hogg spoke of a “clear improvement” for infrastructure investment, including “a more favourable macro-economic outlook, stabilising asset prices and more realistic price expectations among vendors”.
Alinda Capital Partners, the New York-based infrastructure fund manager which closed a new fund on $4bn earlier this year, has made a major move into the US gas storage market through the $505m NorTex Gas Storage Company deal.
The global fund has received commitments of $580m and will primarily invest in greenfield assets across the globe. It is targeting a final close of $1bn.
UK pension funds are increasingly favouring alternatives, with the average asset allocation rising to 9 percent in 2010, according to Mercer.
Robbert Coomans, adviser to the €240bn Dutch pension's board, said today at Infrastructure Investor: Europe 2010 that governments need to understand that pensions can't invest in infrastructure 'just because it's good for the economy'.
UK pension funds are increasingly favouring alternatives, with the average asset allocation rising to 9 percent in 2010, according to Mercer.
A new report by the UK parliament says the PPP contract to upgrade London’s underground rail is “flawed”, adding its voice to the many that have been criticising the project. Mayor Boris Johnson has called for the government to intervene to correct the “dysfunctional” PPP contract.
The direct investment platform of Ontario Teachers' Pension Plan has agreed its second direct control investment in the UK: the £389m acquisition of National Lottery operator Camelot.