With some $22bn in uncalled commitments, the California pension will work to enter customised, low-fee partnerships and co-investment vehicles with select GPs.
2 min read · 24 January 2013
Investors who can’t afford to suffer further losses are cautioned over investing in the asset class amid warnings there is ‘no such thing as a no-risk deal’ today. High returns demand meaningful risk, say Hodes and Weill.
2 min read · 24 January 2013
More than 85 percent of real estate fund managers believe the investment opportunities will increase significantly at the end of this year. However in order to get there GPs must start prioritising which legacy assets to save and ‘nuture’ existing investors.
2 min read · 24 January 2013
The European association is looking into how many funds protect investors’ rights when the fund manager sells co-investment in the vehicle
1 min read · 24 January 2013
The $11bn teachers pension system will continue to increase its allocation to real estate and private equity eyeing new fund commitments this year – but only if they’re the right deals.
1 min read · 24 January 2013
Jim Quille, chairman and chief executive officer of MGPA added his name to the growing list of fund managers who doubt how widespread ‘investment club’ structures will become. Today, he shared his thoughts with PERE on-stage
2 min read · 24 January 2013
Three investment experts share their views on the role of modern portfolio theory in real estate allocation policies – and the limits that weak data impose on attempting to treat real estate like just another asset class. PERE magazine, February 2010 issue
4 min read · 24 January 2013
The Boston-based firm has held a final close on its latest vehicle, which was originally targeting $6bn.
2 min read · 24 January 2013
Invesco and Oaktree have secured commitments from the $126bn New York State Common Retirement Fund. The pension also committed $160m to four private equity funds.
2 min read · 24 January 2013
Roughly 60 commingled property vehicles closed on commitments last year, raising $30.4bn – a 66% reduction from the peak of 2007. More than a third of all funds closed were targeting Europe.
2 min read · 24 January 2013
