The $113bn pension has issued a request for proposal for a firm to run a sale of private equity and possibly real estate fund interests on the secondaries market. Proposals are due 21 June.
2 min read · 18 January 2013
The giant US pension plan now wants to prevent consultants from holding dual roles of imparting advice to the board and making recommendations to CalPERS’ staff.
3 min read · 18 January 2013
Year end results show the Canada Pension Plan’s real estate portfolio increased in value to C$10.9 billion and returned 13.9 percent in a year described by president and CEO David Denison as an ‘excellent performance year’.
2 min read · 18 January 2013
The $236bn pension is planning to ban investment consultants from also acting as managers for the pension fund.
2 min read · 18 January 2013
French insurer says it is a ‘long term believer’ in the Japanese economy as it reveals an AXA Group insurance company in the country has committed to its loan origination vehicle.
3 min read · 18 January 2013
The Canada Pension Plan Investment Board continues investing large amounts of its equity into global real estate. This time it has picked up stakes in a portfolio of shopping centres in New England – its first ‘regional mall’ acquisition in the US – and a large shopping centre in Dusseldorf.
2 min read · 18 January 2013
The Australian sovereign wealth fund continues to increase its exposure to real estate, private equity and infrastructure, according to its Q1 2011 portfolio update. Future Fund’s real estate holdings increased by A$632 million in the last three months.
2 min read · 18 January 2013
The $300 billion Exchange Fund managed by the Hong Kong Monetary Authority last year made its first investments into real estate, according to its latest annual report. The fund has reportedly also been used to invest in private equity.
2 min read · 18 January 2013
The alternative investment management business of Deutsche Bank has won a KRW500bn separate account mandate to invest in core markets around the world from Samsung Life Insurance. The mandate brings RREEF’s capital under management in Asia to the $3bn mark.
3 min read · 18 January 2013
The C$151bn Canadian pension has combined its shopping centre group Ivanhoe Cambridge and office and residential firm SITQ into one company, Ivanhoe Cambridge Group.
2 min read · 18 January 2013