Evelyn Lee
Evelyn Lee is Editor for PEI Group’s real estate-focused publication, PERE, overseeing global news coverage for both its digital and print platforms. Based in London, she manages a team of journalists across PEI’s offices in New York, London and Hong Kong.
She joined the company in its New York office in July 2011 as a reporter covering the industry in the Americas. She became senior reporter in January 2014 and was promoted to news editor in July 2015. Evelyn relocated to PEI's headquarters office in London in 2018 and was promoted to editor in 2019. Prior to joining PEI in 2011 she covered commercial real estate, economic development and environmental issues at NJBIZ, a New Jersey-focused business publication.
The $96.1bn pension plan has not made any new real estate, private equity or credit commitments since the start of the year, while seeing a steady exit of investment staff.
Direct private equity and private equity funds of funds accounted for almost a third of the total AUM of the world’s largest alternative asset managers.
The Bala Cynwyd, Pennsylvania-based alternative investment management firm has agreed to acquire Portland, Oregon-based Real Asset Portfolio Management.
The Zug, Switzerland-based private markets investment manager plans to relocate a number of top executives from its existing US offices to a new regional headquarters.
The New York-based advisory firm has formed a new company that will count Soros Fund Management and Pine Brook among its shareholders.
The real estate secondaries market is getting increasingly liquid – thanks largely to the emergence of some non-traditional buyers.
Timothy Walsh, who has overseen investments for the $74bn pension plan for three years, will be joining a real estate fund manager to help build up its North America business.
The $75.6bn pension plan has agreed to sell a nearly $1bn portfolio of real estate fund interests to a new entrant to the secondary market.
The $160.4 billion pension plan intends to add more senior investment professionals, particularly in alternatives, and rely less on outside consultants for due diligence and underwriting in the future.
Four senior executives in the alternative asset manager’s private funds group have been laid off or resigned recently, contributing to significant turnover of the fundraising team in the last year.