The $42 billion pension has promoted senior portfolio manager C.H. Meili to the top post in its real estate department.
1 min read · 27 August 2013
The $90.9 billion pension system has appointed David Gillan to oversee its $15 billion real estate investment portfolio, as his predecessor now becomes head of private equity.
2 min read · 27 August 2013
The $21 billion state workers compensation program has made its first value-added real estate investment for its portfolio as part of its plan to commit $50 million each to eight non-core real estate funds over the next three years.
2 min read · 27 August 2013
SNS Reaal, a bank and insurance group weighed down by property exposure, has been nationalised by the Dutch government at a cost of €3.7 billion.
2 min read · 27 August 2013
Pension funds have been ramping up exposure to alternatives – with some of the world’s largest pension markets recording a rise in average allocations to 19 percent from 5 percent. Consultancy Towers Watson is ‘confident’ the numbers will keep rising.
2 min read · 27 August 2013
The $16bn pension system has hired Art Wang, the private equity chief from the New York State Common Retirement Fund, to oversee real estate, private equity and real assets.
1 min read · 27 August 2013
The $153.3 billion pension plan’s investment represents CT Realty Investors’ first relationship with an institutional investor.
3 min read · 27 August 2013
The $49.5 billion pension system will make sizable investments in new value-added funds from Blackstone and Paramount, as well as its own co-investment and secondary program.
2 min read · 27 August 2013
The private equity real estate business of investment bank Morgan Stanley has devised a plan to resolve the future of the one fund on its books that stands to contravene the Volcker Rule and has put it to an investor vote.
3 min read · 27 August 2013
The $13.6 billion pension plan has contributed $60 million to the PRISA open-ended core fund and $25 million to the PRISA III open-ended value-added fund. Its commitment to PRISA III is being funded partially by cashing out of PRISA II.
2 min read · 27 August 2013
