Public Pension Fund

The firms have re-upped for Nuveen’s latest fund, with CPP’s head of APAC credit Raymond Chan citing ‘attractive opportunities’ in the Australian market.

Despite rising gilt yields and growing concerns over the UK’s fiscal outlook, real estate lenders continue to deploy.

Crestline Management recently closed its $625m European Capital Solutions Fund II, eyeing Spanish residential development.

The Canadian firm’s Prashant Raj and Derek Richter explain why Europe’s real estate private credit market is a match for pension fund capital.

The retirement association funded commitments to Hines-Rialto, Hudson Bay and TPG.

The Charlotte-based manager has been making a broader push to expand its US and global real estate platforms via public pension funds and other investors.

LGPS Central, which invests on behalf of local government pension schemes, has allocated to the US manager’s CMI Europe.

The pension fund with $8bn in real estate holdings plans to continue selling office assets and limit its REIT exposure while prioritizing industrial and retail.

Terri Herubin was charged with overseeing a major restructuring of the California pension plan’s property portfolio.

The new private debt head at the $620bn California pension expects an increasingly diversified program, which has a 10% exposure to real estate debt, to perform well amid a ‘turbulent’ environment.