Pension Fund

A growing emphasis on optionality defined much of the conversation around investment strategies at the PERE Europe Forum.

Managers CBRE and BlackRock were among the biggest beneficiaries as the public pension spread its bets across sectors in its busiest half year on record.

The lack of growth in regional, diversified open-end funds is causing investors to question the value of the structure, members heard at the PERE Europe Forum.

Delegates at this week’s PERE Europe Forum spoke about offsetting higher volatility with briefer holds.

The Los Angeles-based manager and Canadian pension’s joint venture includes a 5.2m square-foot seed portfolio and plans for more acquisitions.

The same KOSPI surge that squeezed liquidity at mutual aids has handed public pensions a chance to boost their alternatives exposure.

The Australian superannuation fund has committed €150m to a vehicle managed by London-based manager Elevation.

Ares’ latest Japan fund spent a year in market and is the third-biggest private real estate fund to reach a final close this year.

Leveraging the global real estate footprint of its principal client bpfBOUW, the Dutch firm is for the first time offering international mandates to other institutions.

Core investors are looking beyond a simple public vs private choice, selecting structures based on the role vehicles need to play in the real estate portfolio.