Regulators and law enforcement are looking into flagrantly illegal private “side letter” agreements which pay investors aware of fraud to not tell unsuspecting others.
The new hire will oversee the firm’s $32.7 billion real estate equity portfolio, which includes core, core-plus, build-to-core, value-add and opportunistic strategies.
The Fund, which was oversubscribed, received strong support from both existing and new investors, including state pension funds, sovereign wealth funds, family offices, endowments, and foundations.