Investors

The real estate investment and development firm plans large-scale expansion of its Brazilian logistics activities over the next three years as part of a joint venture with CalPERS.

The firm’s global regulatory affairs head, David Marchick, warned a Senate committee today against unnecessary investment protectionism, using Carlyle’s stake sales to CalPERS and Abu Dhabi as examples of government-affiliated investments that bolster US companies.

Russell Read looks to become an environmental rainmaker after a two-year stint at the $244bn US pension.

Eastern and Central European countries with programs encouraging public-private partnerships are more likely to obtain infrastructure investments than their Western European neighbours, a study finds.

The state’s retirement system has committed to six alternative investment funds, weeks after increasing its alternatives allocation to 10 percent.

The National Pension Service has reportedly set aside a large stockpile for investing in distressed property in the US and other markets.

The Swiss alternative asset manager has opened in Luxembourg, where it will use an investor-friendly funds regime to structure products. The firm has already set up some of its funds in the country.

Vico Capital is among a handful of Irish firms operating in the US, partly encouraged by the weakness of the dollar and falling property prices.

The $1.1 billion Baylor College of Medicine endowment fund in Texas says it is planning to commit up to 10 percent of its funds, around $100m, to the real estate asset class in a bid to secure long-term returns.

The investment management firm’s second value-add vehicle will target investments in office, retail, industrial and multi-family properties throughout the US.