The Government Pension Fund of Thailand is set to make its first significant step towards becoming a global real estate investor with the appointment of Cleveland-based Townsend Group to deploy $250 million into core and special situations funds in North America, Europe and Asia.
2 min read · 17 January 2013
How similar real estate strategies at CalPERS and CalSTRS have produced different results.
3 min read · 17 January 2013
The $80.4 billion pension plan has approved equity commitments to Principal Enterprise Capital and Aevitas Property Partners to help expand its investments in private real estate operating companies.
2 min read · 17 January 2013
The pension fund with 61,000 members has picked CBRE out of a beauty parade to become investment advisor for its direct property portfolio.
2 min read · 17 January 2013
Board members and executive staff of California’s two largest pension systems now face tough restrictions on their post-pension employment.
2 min read · 18 January 2013
John Liu has declined to disclose information on $32 million in pension fees paid to private equity and real estate managers, including whether placement agents received any of the money.
2 min read · 18 January 2013
The Employees Retirement System of Texas is targeting $450 million in capital commitments under its real estate tactical plan for fiscal year 2012, which begins next month.
3 min read · 18 January 2013
The First and Second Swedish National Pension Funds of Sweden are calling their direct property investment company, Cityhold Property AB, and have hired former CLS Holdings MD, Per Sjöberg, to run it.
2 min read · 18 January 2013
Just weeks after securing the €350m mandate to manage the unlisted real estate holdings of Dutch pension SPMS, Aviva Investors will establish and manage an unlisted multi-manager portfolio for neighbouring LP, Philips Pensioenfonds.
1 min read · 18 January 2013
In order to meet future liabilities, the Asia Pacific Real Estate Association has called on pension funds in the region to mirror their US and European counterparts which have asset allocations to real estate of up to 10%.
2 min read · 24 January 2013
