Pension Fund

PIMCO boosts European data center fund target to €1bn

Canadian pension investor Ivanhoé Cambridge is understood to be among the investors behind the fund’s latest round of commitments.

Pretium debuts homebuilder finance strategy to fill regional banking void

The New York-based manager closed its first two vehicles on $550m in commitments.

NPS broadens partnership with Australian living specialist Scape

The latest commitment by NPS’s real estate platform team will see the two firms expand their relationship beyond student housing and into other Asia-Pacific markets.

New Jersey DOI eyes $1.2bn in real estate fund commitments

The pension fund expects to make up to eight allocations to equity or debt vehicles this year and is hiring a new investment consultant.

Oxford Properties’ M7 stake sale ‘was always the plan’

With a divestment to AustralianSuper, the Canadian pension investor is executing a long-term plan to achieve scale in European logistics.

NPS establishes strategic partnership with Almanac

The venture is expected to significantly expand the South Korean investor’s real estate platform business, which was launched last year.

Texas TRS earmarks nearly $700m to five managers

The pension’s December commitments included $400m to a co-investment vehicle with Blue Owl and $75m to a new manager relationship.

Korea’s NPS seeds UK single-family housing fund

The National Pension Service of Korea has made its UK single-family rental debut with a commitment to a vehicle managed by Long Harbour.

NBIM buys $1bn stake in US logistics portfolio from CPP

The Oslo-based manager picked up a 45% stake in a joint venture with Australian outfit Goodman, which will maintain its 55% ownership.

Australian regulator finds ‘weaknesses’ in superfund unlisted valuation processes

APRA said that superfund trustees ‘have work to do’ to improve their processes, with enforcement action possible for underperformers.