The largest US pension fund has approved an increase to the asset class, which will now be allocated 10 percent of CalPERS’ $250bn portfolio.
1 min read · 22 January 2013
Like other big public pensions, Arizona has turned a keen eye on real estate. The state pension has committed $150 million to three managers and is looking to Europe and Asia.
1 min read · 22 January 2013
Heitman started four decades ago as a mortgage origination shop. Today, the firm has $20 billion in assets around the world. PERE recently spoke with firm head Maury Tognarelli about Heitman's history, its pioneering move into Central Europe and where the company is headed next. By Aaron Lovell
8 min read · 22 January 2013
The global buyout group, whose name means “surprisingly different,” has made its first investment in China by taking a non-control stake in casino operator Galaxy, to fund an ambitious program of property development and expansion.
3 min read · 22 January 2013
The private equity real estate division of J.E. Robert Companies intends to build a scalable platform of low-price hotels in Britain.
4 min read · 22 January 2013
Canadian pension fund manager Caisse de depot et placement du Quebec is reportedly looking to spend C$1.6bn on real estate in India in the next five years.
1 min read · 22 January 2013
The Princeton University endowment returned 24.7 percent for the fiscal year 2006-2007, increasing its assets from $13 billion to $15.8 billion. The US endowment allocates 15 percent of its portfolio to private equity funds.
1 min read · 22 January 2013
As the chair of the Institutional Limited Partners Association, CalPERS’ Joncarlo Mark will focus on growing the organisation’s research and education platforms.
1 min read · 22 January 2013
Lightyear Capital has acquired the UK operations of German insurance company Württembergische Versicherung, after ensuring the company could become a member of Lloyd’s of London.
1 min read · 22 January 2013
The largest pension fund in the US now has approximately $3 billion of its real estate assets in Asia.
1 min read · 22 January 2013
