The alternatives-focussed Yale University endowment returned 28 percent this year, up 5.1 percent percent from 2005. The endowment is now valued at $22.5 billion, up 25 percent from 2005.
1 min read · 22 January 2013
As public pensions increasingly move into real estate, the Oregon Public Employees pension recently raised its target for real estate investment.
1 min read · 22 January 2013
The US alternative assets group has sold a further 7.5 percent stake in itself to a strategic investor, valuing David Rubenstein’s firm at $20 billion. It sold 5.5 percent to CalPERS in 2000.
2 min read · 22 January 2013
The world’s largest 300 pension funds grew by nearly 12 percent last year, with assets hitting $10 trillion for the first time, a study has found.
1 min read · 22 January 2013
The Essex Regional Massachusetts Retirement Board wants to begin investing in private equity, and is seeking an advisor for an $8 million fund of funds programme.
1 min read · 22 January 2013
In a move to hedge against inflation and target the growing infrastructure sector, California pension CalPERS has debuted a pilot infrastructure program within its new inflation-linked asset class.
2 min read · 22 January 2013
The US' largest pension fund purchased a $600 million, 8.6 percent stake in Apollo, prior to the private equity firm's listing on Goldman Sachs' private exchange.
1 min read · 22 January 2013
The European fund manager has rolled up and sold a package of German retail property for more than €900m, making three times money for LPs in the European Property Investors vehicle.
2 min read · 22 January 2013
Global real estate firm Hines and investment partner CalPERS have reportedly sold the 919 Milam office building in downtown Houston to Chicago-based Transwestern Investment Company.
1 min read · 22 January 2013
The country’s largest public pension is considering increasing its interests in real estate with an eye toward the burgeoning emerging market countries.
2 min read · 22 January 2013
