Fred Buenrostro has confirmed he will end his six-year reign at the US' largest public pension, which is also losing its CIO, Russell Read.
2 min read · 22 January 2013
The challenges of running sophisticated alternative investment platforms beneath government umbrellas – from retaining talent to enduring criticism over private equity allocations – were among topics broached today by a panel of heavy-hitting LPs.
2 min read · 22 January 2013
The outlook for the US commercial real estate market is generally sound despite the credit crisis, according to a report by real estate management firm, ING Clarion. However ING warns the office sector will be hit over the next two years before recovering strongly in 2010-2011.
2 min read · 22 January 2013
The real estate investment and development firm plans large-scale expansion of its Brazilian logistics activities over the next three years as part of a joint venture with CalPERS.
1 min read · 22 January 2013
The firm’s global regulatory affairs head, David Marchick, warned a Senate committee today against unnecessary investment protectionism, using Carlyle’s stake sales to CalPERS and Abu Dhabi as examples of government-affiliated investments that bolster US companies.
2 min read · 22 January 2013
Russell Read looks to become an environmental rainmaker after a two-year stint at the $244bn US pension.
2 min read · 22 January 2013
Eastern and Central European countries with programs encouraging public-private partnerships are more likely to obtain infrastructure investments than their Western European neighbours, a study finds.
2 min read · 22 January 2013
The state’s retirement system has committed to six alternative investment funds, weeks after increasing its alternatives allocation to 10 percent.
1 min read · 22 January 2013
The National Pension Service has reportedly set aside a large stockpile for investing in distressed property in the US and other markets.
1 min read · 22 January 2013
The Swiss alternative asset manager has opened in Luxembourg, where it will use an investor-friendly funds regime to structure products. The firm has already set up some of its funds in the country.
1 min read · 22 January 2013