The Arizona State Retirement System’s $450m joint venture with Tricon shows direct investment structures appeal to more than the top US pensions.
4 min read · 30 September 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
With attractive returns and steady cashflow, single-tenant assets are becoming popular for US investors.
4 min read · 23 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
Europe’s biggest institutional real estate investor has kick-started its third-party equity management business on home turf and with familiar partners.
3 min read · 16 September 2019
The Italian insurance giant has launched its first property credit vehicle and is aiming to build a €3bn loan book within three years. Nunzio Laurenziello, who is leading the strategy, tells us why.
6 min read · 12 September 2019
The Swedish pension fund is open to pursuing co-investments and club deals as it expands its exposure in Asia-Pacific.
3 min read · 12 September 2019
The New York-based real estate firm has exceeded the original target for its latest opportunistic real estate fund by $300m.
2 min read · 10 September 2019
Insurance companies like the Italian giant are capitalising on institutional demand for real estate lending strategies.
3 min read · 30 August 2019
News that CalPERS is considering leveraging its portfolio has put the spotlight on the risks and merits of institutional investors taking on systematic borrowing.
7 min read · 28 August 2019