John Gittelsohn
Stories by John Gittelsohn
Pimco takes over management of Allianz Real Estate, forms $100b unit
Pimco parent Allianz Group has a more-than $79 billion real estate portfolio in Europe, the US and Asia-Pacific region.
Japan pension fund GPIF warns of global investing losses
Japan’s $1.5 trillion lost money in equities, fixed-income and currency positions over the last three months.
US Justice Department probes Deutsche Bank in 1MDB deals
Deutsche Bank had helped 1MDB raise $1.2 billion in 2014.
Brookfield-Oaktree deal could spur M&A in alternatives industry
Alternative asset managers are under pressure to broaden their offerings as institutional investors seek to make big allocations to fewer firms.
Pension funds question PE firms’ return inflating methods
The dispute centers on a common -- and legal -- practice: To make an investment, private equity funds are increasingly borrowing against clients’ co
Guggenheim said to mull stake sale for $250b asset management unit
Guggenheim Partners Investment Management has been in talks with global insurers, sovereign wealth funds and investment pools in Europe, the Middle Ea
Calpers eyes $13b annual direct investments with new PE funds
The new strategies will supplement existing partnerships with managers such as Blackstone, Carlyle and KKR that already handle about $27 billion for C
US pension fund CalPERS in talks with BlackRock to outsource PE business
The largest US pension fund is seeking to control fees and offset anaemic returns.
US pension fund Calpers new CEO Frost sees boost in PE, realty investments
The largest U.S. pension fund may look to add more investments in private equity and real estate to increase returns and close its unfunded liability.
