Karsten Kallevig, head of unlisted real estate at Norges Bank and PERE’s latest lifetime achievement award winner, has built a career on taking unexpected turns.
10 min read · 11 March 2019
PERE sits down with the firm’s senior director of real assets to hear why this institutional money from the Lone Star state is pivoting away from commingled funds.
8 min read · 07 March 2019
The bank, which manages Norway’s $1trn sovereign wealth fund, has lowered the allocation target in the asset class, but it still has a lot of investing to do.
3 min read · 14 February 2019
Investors look set to flock into the industrial real estate show again in 2019. For many, the snag is how to get hold of a ticket.
6 min read · 12 February 2019
Private real estate’s investors are staffing up and changing their policies to become more adept at using sidecars.
4 min read · 06 February 2019
Sidecars have become popular for investors looking to right-size their portfolio and for managers in need of capital. But there is little uniformity in how they are arranged.
10 min read · 06 February 2019
The New Mexico sovereign wealth fund has invested $242m in the Los Angeles-based manager’s vehicles since 2014.
3 min read · 23 January 2019
The Boston-based firm was backed by investors that included Chicago Teachers and Texas Permanent School Fund.
3 min read · 09 January 2019
The Australian sovereign wealth fund believes best in class managers will keep tapping public-to-private opportunities in the global late-cycle real estate market.
3 min read · 31 December 2018
Singapore’s sovereign wealth fund sells the asset to a pension fund and local REIT at more than twice the 2008 purchase price.
2 min read · 24 December 2018