Pension Fund

TPG Next’s Pavkov: ‘We are acutely worse off as allocators’

The bleak fundraising environment has made it much more challenging for CalPERS’ and CalSTRS’ allocators to support new platforms.

CalPERS, CalSTRS executives address real estate rebalancing  

CalPERS looks to be ‘more tactical’ with office investments, while CalSTRS is ‘slowing down’ its pacing but expects opportunities from distress.

CPP Investments’ long-serving Asia real estate boss retires

Having been with the firm for over 16 years, Phua has passed his role to another senior executive within the team.

Deep Dive: Rana Ghorayeb takes on CDPQ’s real estate reboot

Tasked with navigating the pension’s C$75bn property portfolio through a turbulent environment and the organization’s own unprecedented restructuring, Rana Ghorayeb is undaunted.

Brighter Super seeks new real estate managers as it eyes growth

The A$33.5bn Queensland-based superfund handed a mandate to Barings this year and is open to further new relationships.

CalSTRS backs emerging data center firm amid $1.2bn allocation spree

The teachers pension’s biggest real estate commitment last year was to a new relationship with hyperscale developer BlackChamber Group.

APG’s Torre: ‘We would look to be investing again’

The Dutch investor, which was a more active seller than buyer over the past few years, sees opportunities in office, retail and China.

Madison International names first South Korea hire, eyes Seoul office

The New York-based firm’s Korean investors include the National Pension Service of Korea, which has invested in at least two of its funds.

Non-traditional core funds are on the rebound

Alternatives-focused vehicles in the lower-risk, lower-return strategy are seeing a resurgence in demand.

Inside Toronto Transit’s real estate portfolio overhaul

The Canadian pension’s chief investment officer, Andrew Greene, tells PERE why it plans to transition its real estate portfolio from mostly direct holdings to majority fund commitments.