Investment staff will be able to make re-ups to private equity and real estate funds without having to wait for Nebraska Investment Council approval under certain conditions.
2 min read · 17 January 2013
The $22.3 billion pension system plans to significantly boost the size of its real estate portfolio over the next two fiscal years, focusing primarily on non-core investments. Thereafter, however, it expects to pull back on additional investments to the asset class.
3 min read · 17 January 2013
Qatar Investment Authority-owned investment company Qatar Holding has purchased almost a quarter of the Hong Kong-based private equity and real estate firm further diluting the ownership by CITIC Holdings subsidiaries and sovereign wealth fund CIC.
2 min read · 17 January 2013
Bruce Feldman, former head of alternatives at the Pennsylvania State Employees’ Retirement System, saw the industry tilting toward ‘key’ LPs.
2 min read · 17 January 2013
Skip Miller, who previously was responsible for alternative investments at the YMCA Retirement Fund, succeeds Marjorie Tsang, who most recently served as interim CIO and will remain with the $146.5 billion pension plan in a senior role.
2 min read · 17 January 2013
The $19.5 billion pension plan, which currently invests in the asset class through commingled funds, is examining the expansion of its real estate portfolio to include co-investments.
2 min read · 17 January 2013
The Government Pension Fund of Thailand is set to make its first significant step towards becoming a global real estate investor with the appointment of Cleveland-based Townsend Group to deploy $250 million into core and special situations funds in North America, Europe and Asia.
2 min read · 17 January 2013
The $238 billion pension system has contributed to two vehicles, sponsored by ARA Asset Management, which will target real estate investment opportunities in China and Asia.
2 min read · 17 January 2013
Deal marks the genesis of a joint venture partnership between South Korea’s $320 billion state pension fund and ASX-listed property company and fund manager DEXUS Property Group.
2 min read · 17 January 2013
The preeminent sovereign wealth fund of the United Arab Emirates is in talks to make its first real estate investment in the UK since 2007 with the purchase of a distressed hotel portfolio for a reported £620 million.
2 min read · 17 January 2013