Following positive return performances in 2018, family office allocations to the strategy increased by 2.1 percentage points – more than any other asset class.
3 min read · 07 October 2019
The $240bn pension aims to be the ‘partner of choice’ for managers, operating companies and its peers in direct structures. Deputy CIO Scott Chan tells PERE how CalSTRS’ ‘collaborative model’ is the blueprint to achieve these goals
10 min read · 29 September 2019
The pension fund, among others, is concerned about the additional risks managers in the strategy are taking in order to meet higher return targets.
4 min read · 18 September 2019
The ex-founding partner of Fidelity Asia Ventures has merged with a Hong Kong investment advisory to develop ‘smart cities’ across China.
5 min read · 20 August 2019
Given a family office’s access to long-dated capital, real estate investments seem like a good fit. But management fees continue to be an area of contention.
3 min read · 06 August 2019
The private equity firm has not been proactive in reaching out to LPs but has sought to assuage concerns when contacted, sources said.
3 min read · 01 August 2019
A few months after setting up its debut Asia office in Hong Kong, Canada’s Public Sector Pension Investment Board has inked a partnership to acquire a 47-story office tower.
2 min read · 18 July 2019
In the late stages of a long economic cycle, investors are becoming increasingly appreciative of the sector’s recession-resistant qualities.
7 min read · 09 June 2019
Two deals executed by California State Teachers’ Retirement System in mid-May are signs of things to come as the pension takes more investment in-house. First, CalSTRS secured a majority ownership of Fairfield Residential, a California-based multifamily operating company. Then it received a second $200 million commitment from Korea’s Public Officials Benefit Association for their joint […]
3 min read · 04 June 2019
A year after making its first investment via joint venture partnerships in the US, the Korean pension is on the lookout for more co-investment deals in both the US and Japan.
3 min read · 15 May 2019