Michelle Phillips

The Hong Kong-based alternatives assets firm that owns Secured Capital has acquired a Japanese property loan portfolio alongside Canadian pension plan investment manager CPPIB.

In the face of China’s volatility, even alternative debt lenders in China are reigning in their investment pace to pick only the best distressed situations. 

Indian conglomerate Piramal has merged its funds management business with its non-bank loan business to form Piramal Funds Management.

Japan’s second largest bank by assets has revealed to PERE it intends to expand its overseas fund commitments from Asia to Europe and the US before the year is out.

Japan’s second largest bank by assets has revealed to PERE it intends to expand its overseas fund commitments from Asia to Europe and the US before the year is out.

An additional 23 investors, including Chinese insurance giant China Life, have brought the Australian firm closer to its $1bn goal.

Of the $90 billion raised for Asia-Pacific closed-ended funds just before the crisis, half will have to assess exit, extension or liquidation options in the next two years, according to the world’s biggest property brokerage.

Ng Chiang Ling will source deals in Singapore, Hong Kong and Australia for the real estate investment arm of UK insurer Prudential.

The real estate-focused asset management arm of French insurer AXA has brought its Japanese debt program to ¥40 billion with the launch of a second vehicle.

The Australian bank’s advisory and investment arm has hired a former partner at 3i Group for its greater China business.