In today’s roundup of regional news headlines, fund management colossi Blackstone and KKR throw their hats in the ring to manage a Korean pension fund’s overseas real estate debt, and jilted investors vent their rage at a Chinese shadow bank…. Read More>>
Canada’s CDPQ Reportedly Closing Shanghai Office and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, Canada’s second-largest pension fund reportedly pauses investment in China, and Sichuan-based developer Languang is set to lose its listing on the Shanghai Stock Exchange after nine years of trading. Also in the… Read More>>
British Columbia, Ontario Pension Funds Call China Investment Pause
Testifying last week in front of a Canadian parliamentary committee investigating the country’s relationship with China, leaders of two of Canada’s largest public pension funds said they have paused direct mainland investments as tensions rise between Beijing and Ottawa.
Stephen… Read More>>
Warburg-Backed Mofang Apartments Raises $150M in Caisse-Led Funding Round
Warburg Pincus-backed Mofang Apartments has closed on a $150 million funding round, led by Canadian fund manager, Caisse de dépôt et placement du Québec (CDPQ), according to an announcement on Monday by the Shanghai-based apartment provider.
Mofang, which manages 70,000… Read More>>
George Agethen Joins Ivanhoé Cambridge as Canadian Fund Manager Expands in Asia
Ivanhoé Cambridge announced today the appointment of George Agethen as Senior Vice President, Asia-Pacific, Growth Markets.
Agethen’s recruitment comes as the Canadian real estate fund manager steps up its activities in Asia after leading more than $1.3 billion in Chinese… Read More>>
Edouard Merette Joins La Caisse as Managing Director for APAC
Canadian pension fund manager La Caisse de dépôt et placement du Québec recently announced that Edouard Merette has been appointed as Managing Director for the fund’s Asia Pacific operations.
As part of La Caisse’s global expansion, the fund manager responsible for… Read More>>