Zoe Hughes
The $29bn oil and gas endowment plans to allocate 18% to a new real assets category, including real estate, infrastructure and Treasury inflation-protected securities. The target allocation to infrastructure will be kept at 3%.
The $29bn oil and gas endowment plans to allocate 18% to a new real assets category, including real estate, infrastructure and Treasury inflation-protected securities. The target allocation to infrastructure will be kept at 3%.
The $29bn oil and gas endowment plans to allocate 18% to a new real assets category, including real estate, infrastructure and Treasury inflation-protected securities. The target allocation to infrastructure will be kept at 3%.
Wisconsin State Investment Board has committed an extra $10 million to Fortress Investment Group’s third fund in an effort to help the vehicle reduce its debt load. The $67.6 billion pension plan committed $100 million to Fortress Investment Fund III in 2004, and last month agreed to provide another $10 million. A spokeswoman confirmed the additional […]
The Wisconsin State Investment Board has committed an additional $40m to two real estate funds to help them delever, including $10m to Fortress’ Fund III.
Wisconsin State Investment Board has committed an extra $10 million to Fortress Investment Group’s third fund in an effort to help the vehicle reduce its debt load. The $67.6 billion pension plan committed $100 million to Fortress Investment Fund III in 2004, and last month agreed to provide another $10 million. A spokeswoman confirmed the additional […]
The Wisconsin State Investment Board has committed an additional $40m to two real estate funds to help them delever, including $10m to Fortress’ Fund III.
The Wisconsin State Investment Board has committed an additional $40m to two real estate funds to help them delever, including $10m to Fortress’ Fund III.
The Canadian pension fund lost 25% of its value last year leaving it with just C$120bn in assets compared to C$155bn in 2007. Private equity and real estate investments lost 31% and 22% respectively, with Caisse warning its Lone Star investments had performed poorly.
Robert Redmond, who also advised on the private equity buyouts of First Data Corp and TXU, will join as vice chairman to build its North American operations. It comes as parent Macquarie Group initiated a second round of global staff cuts, which have hit Macquarie Capital hardest.