Through its venture with Canyon Capital, the $260 billion state pension system has made its first two investments in early-stage real estate managers, which are expected to result in $60 million to $100 million in acquisitions by each firm.
3 min read · 28 August 2013
European Long-Term Investment Funds will target unlisted assets across the European Union and hope to appeal to institutional and retail investors alike.
2 min read · 28 August 2013
The $5.8 billion retirement system would allocate 2 percent to 3 percent of its assets to opportunistic real estate.
2 min read · 28 August 2013
The $39.6 billion pension system’s $200 million allocation marks its first investment with the Des Moines, Iowa-based institutional real estate manager.
1 min read · 28 August 2013
New ‘powerhouse’ created as TIAA-CREF combines its Asia and Europe property business with that of Henderson Global Investors. The transaction, which also includes TIAA-CREF buying Henderson’s US business, is valued at $176.6 million.
5 min read · 28 August 2013
The government pension fund for public sector employees has appointed a senior manager from the AP3 Swedish buffer fund to expand its exposure to alternatives, particularly international property-related assets.
2 min read · 28 August 2013
Non-traditional buyer steps in to buy a limited partner position in Nordic Real Estate Partners’ logistics fund from Swedish pension fund SPP.
3 min read · 28 August 2013
The $41.65 billion pension plan’s investment allocation for its upcoming fiscal year includes up to $700 million for US and international commingled funds.
2 min read · 28 August 2013
Fresh from confirming its forthcoming takeover of MGPA, the world’s largest asset management company by asset value, has hired the Colony Capital fundraiser to help spearhead its global real estate fundraising efforts.
2 min read · 28 August 2013
Theodore Eliopoulos, CalPERS’ senior investment officer for real assets, has stepped in as acting CIO as Joe Dear battles prostate cancer.
2 min read · 28 August 2013