SWFI First Read, April 11, 2016
Oil Revenue Percentage Decrease for Iran’s NDF
The amount of oil revenue flowing into Iran’s National Development Fund (NDF) will shrink from its current 30% to 20% in the current fiscal year.
New York City Retirement Systems Appoints New Senior Investment Office for Private Equity
New York City’s Bureau of Asset Management, which oversees the New York City Retirement Systems, named J. David Enriquez as senior investment officer, private equity. He will report to Alex Done. This is a new position. Before taking this role, Enriquez was a director in the M&A group at Rothschild.
Kimco Realty Corporation Buys Out Partner on South Florida Mall Deal
Kimco Realty Corporation acquired the remaining 45% ownership stake in two South Florida shopping centers for a gross purchase price of US$ 299.2 million, including the assumption of US$ 100 million in existing mortgage debt, from its joint venture partner Canada Pension Plan Investment Board (CPPIB).
Central Bank of the United Arab Emirates Freezes Assets of Former IPIC Executives
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