Investors

Boston Retirement System seeks to make new real estate credit commitments

The $8.9bn pension aims to commit $15m-$30m to real estate credit in 2026.

Barings, North Carolina pension expand partnership with $2.1bn commitment

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.

Invesco lands UK pension pool commitment for European credit fund

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

Swiss LP adviser InPact targets first real estate debt mandate

The Geneva-based investment adviser is in talks with prospective managers, says founder and CEO Antoine Prudent.

Ohio Teachers to focus on income-producing assets as it repositions portfolio

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.

LACERA’s real estate head departs after two years

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

Capital watch: Fundraising in real estate private debt remains resilient

Multifamily remains the dominant asset class for sector-specific real estate credit fundraising.

Term Sheet: PERE Credit 100’s breakfast briefing; Qualitas’s European expansion; Warsh’s Fed debut

Senior real estate credit executives anticipate better fundraising roads ahead at a launch event for the global PERE Credit 100 ranking; Qualitas has lending sights set toward Europe following the acquisition of Starz Real Estate; Federal Reserve chair Kevin Warsh delivers a recurring chorus of interest rate holds at his debut conference; and more in today’s Term Sheet, exclusively for our valued subscribers.

CalPERS looks at increasing real estate debt in diversification push

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.

Trinity Church, one of New York’s biggest landowners, is bullish on RE credit

The endowment is also optimistic about resilient office assets and a market rebound amid renewed leasing momentum.