Investors

The Indian asset manager has held the final close for its first rupee-denominated property fund in under three months, and is still considering a foreign-denominated fund.

The purchase and renovation of the UK Saga Ruby cruise liner is the third investment by Suchad Chiaranussati’s Singapore-based firm in the frontier market.

 Where GPs can look for fund-of-fund investors  

The $50.4 billion pension plan has made follow-on commitments to two existing opportunistic managers, as well as to its in-house real estate co-investment and secondaries program.

Investors in Asian property have become polarized on opposite ends of the risk spectrum as their commitments grow, according to the world’s largest property services firm.

The $143.7 billion pension plan is projected to invest more than $1 billion in real estate each year for the next four years.

The San Diego city pension has made two new commitments totaling $70 million to Carlyle Realty Partners VII and CBRE Strategic Partners US Value VII.

The multi-manager business of CBRE Global Investors deployed half the $1.6bn it invested in 2013 in strategic partnerships with operating partners and expects to do likewise this year.

The $10.2 billion pension is on the hunt for an industrial-focused noncore real estate manager to oversee up to $50 million.

While some investment managers continue to thrash out ideas to rework the traditional fund model, other folk at this week’s MIPIM paid more attention to fresh and innovative methods of matching capital with deals.