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.
3 min read · 13 July 2026
Terri Herubin was charged with overseeing a major restructuring of the California pension plan’s property portfolio.
3 min read · 13 July 2026
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.
3 min read · 18 June 2026
Continuity concerns over the manager’s $650m sale to Barings appear to be quelled as it pulls in its second-largest capital haul to date.
2 min read · 25 November 2025
The Virginia Retirement System had the second-largest single commitment of the year.
1 min read · 07 February 2025