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The California pension fund is aiming to finalise a commitment to the fund which targets investments in European mid-market companies.
.jpg "Tikehau appoints Cirenza to lead London strategy")
Peter Cirenza will head up the firm’s London operations alongside Lord Peter Levene. An advisor to the firm since 2005, Cirenza’s recent role was a lecturer at the London School of Economics.
Jan Henrik Reichenbach joins the firm from Ernst & Young and will head up the firm’s DACH investment strategy.
European banks are under pressure to speed up deleveraging this year, but while distressed debt investors sense an opportunity an innovative approach may be needed to ensure good deals.
.jpg?id=19327369803 "Competition for prime UK RE assets pushes margins down")
UK lenders have targeted prime property in Q1, which has had a knock-on effect on margins.
The firm listed its secured lending debt fund in December and is making origination a key focus for the strategy going forward.
.jpg?id=19327370348 "Pillarstone appoints general counsel")
Mark Knight joins Pillarstone as general counsel after serving as a partner at Kirkland & Ellis.
Mario Lisanti has joined the law firm from Norton Rose Fulbright alongside two colleagues. He works with both asset managers and banking clients.
After six years at the firm Colin Sanders has left the real estate finance specialist.
.jpg "Fundraising bounces back in Q1 – exclusive")
PDI figures show that $30.5bn was raised across 30 funds, which puts the market on track to beat the 2015 total.