The $62.2 billion pension plan has agreed to invest in the Dallas-based private equity firm’s latest fund, which will target distressed debt, distressed real estate and real estate entities.
2 min read · 28 August 2013
The $260 billion pension plan has selected the firm as a new manager for its multifamily real estate program. Meanwhile, another public institution has terminated its relationship with Invesco as one of its core real estate managers.
2 min read · 28 August 2013
Vikram Aggarwal has joined the £8.9 billion scheme as investment manager, alternatives, PERE has learned.
2 min read · 28 August 2013
The $88.9 billion pension plan also expects to transfer four real estate operating companies that it currently manages internally to the newly formed intermediary.
2 min read · 27 August 2013
The Orange County Employees’ Retirement System has published a policy document outlining its plans to push back against fees. The policy will affect the system’s alternatives program, which will likely impact real estate.
2 min read · 27 August 2013
Among the $90.9 billion pension plan’s new commitments are its first ones to Gaw Capital Partners and Abacus Capital Group.
2 min read · 27 August 2013
Samsung SRA Asset Management, a real estate investment management business of Samsung Life Insurance, has completed its first direct real estate acquisition for the Korean corporate giant in London.
1 min read · 27 August 2013
The $15.9 billion state endowment has made contributions to funds sponsored by USAA Real Estate, Harrison Street and Cypress Real Estate.
3 min read · 27 August 2013
Boston-based GID Investment Advisers, on behalf of the giant California pension, has purchased The Ashley and The Aldyn from a partnership between The Carlyle Group and Extell Development.
2 min read · 27 August 2013
The Swiss bank has promoted Eric Byrne, the chief operating officer of its real estate multi-manager platform, to become its head, succeeding Roddy Sloan. The handover takes place at the start of next month when Sloan will retire.
2 min read · 27 August 2013
