The $49.7 billion pension plan’s most recent real estate commitments are intended to help it reach a 40 percent to 50 percent allocation target to the risk strategy over the long term.
2 min read · 27 August 2013
Prospective bidders already have conducted due diligence on the Asia- and Europe-focused private equity real estate firm and a deal could happen in the next quarter.
2 min read · 27 August 2013
The ascent of James Raynor is complete as the chief investment officer of Grosvenor Fund Management takes over the reins as chief executive.
2 min read · 27 August 2013
The Boston-based real estate investment management firm has held a final closing for its latest real estate opportunity fund, Rockpoint Real Estate Fund IV.
2 min read · 27 August 2013
Having sorted out redemptions for certain investors, the Asian real estate investment business of Pramerica Investment Management is ready to haul more capital for its S$3 billion open-ended Asia retail fund, Pramerica AsiaRetail.
2 min read · 27 August 2013
The president and CEO of the Canadian pension giant argued for the need for long-term thinking when investing in real estate, as well as other alternative assets, in an address to the Canadian Australian Chamber of Commerce.
3 min read · 27 August 2013
America’s largest pension plan has embarked on a new partnership with Bentall Kennedy that could significantly increase its industrial portfolio over the next five years. The first deal on behalf of the separate account closed last week.
3 min read · 27 August 2013
The global investment management behemoth is in the final throws of finalising the details on bringing aboard the ex-MGPA chief executive officer for Europe.
2 min read · 27 August 2013
The transaction represents the Los Angeles-based real estate manager’s largest programmatic joint venture to date.
2 min read · 27 August 2013
With leverage, the Sares-Regis Multifamily Fund will have $300 million in buying power to invest in value-added properties primarily in coastal California, Seattle, Denver, Portland and Phoenix.
2 min read · 27 August 2013