Zoe Hughes

A global shift from guaranteed to employee-contributed public pensions raises questions about the future of private equity funding, writes Zoe Hughes.

A bill passed by New York’s State Assembly has expanded NYC’s rent regulations governing what landlords can charge and when they can convert apartments to market rates, but it faces increasing opposition in the State Senate.

The nursing home chain taken private by Carlyle for $6.3bn in 2007 will sell 338 skilled and assisted living facilities to healthcare-focused REIT HCP.

Real estate GPs hope to avoid new laws requiring SEC registration thanks to existing investment company rules but it could be a mixed blessing at best: unregistered funds could find it even harder to raise cash from LPs, and restrict their ability to close deals. PERE magazine October 2010 issue

Blackstone is piloting a new interactive LP portal that will allow investors to delve into the firm’s performance data across asset classes, geographies and sectors like never before. It will also allow LPs to import data from other GPs into the Blackstone system.

A lack of industry reporting standards have resulted in LPs receiving a hugely divergent amount and type of information from each of their GPs. Is it time for some industry standards? By Zoe Hughes

The $132.2bn public pension is shifting its attention away from value-added and opportunistic strategies, and sets an overall benchmark for the asset class to meet: a minimum of 9.25% net of fees.

The 'Volcker Rule's' impact on private equity may not be felt until 2022, and its main effect could be to reduce banks' co-investment in alternative vehicles.

Newly formed G2 Investment Group, co-founded by J. Todd Morley, David Conrod and Antonio de la Rua, has as its CIO Alan Menkes, a buyout veteran formerly of Thomas Weisel and Hicks Muse.

The $138bn pension has joined its neighbour CalPERS in supporting legislation that would prevent the two funds from investing with real estate managers who try to convert rent-controlled apartments. CalSTRS staff will also consider possible penalties for GPs who abuse the ban.