The state’s $15 billion permanent endowment has approved an increase in its real estate allocation target from 6 percent to 7 percent as part of a larger objective to double the target to 10 percent by year’s end
2 min read · 17 January 2013
The New York-based investment firm’s head of research and investment strategy has left to pursue other opportunities. His second-in-command, Tim Wang, has assumed his responsibilities.
2 min read · 17 January 2013
Some LPs are seeing the value of a broader real asset allocation, but that doesn’t mean real estate necessarily will suffer as a result.
3 min read · 17 January 2013
The C$161.6 billion pension plan made a number of sizable real estate investments during its fiscal year, including its largest real estate investment ever.
1 min read · 17 January 2013
The Land of Enchantment’s $15 billion endowment has made contributions to Clarion’s Lion Industrial Trust and Prudential’s PRISA as part of a strategy to move away from opportunistic investments and more toward income-producing ones.
2 min read · 17 January 2013
The Los Angeles-based real estate fund manager’s investment in a new low- and middle-income housing platform targeting the São Paulo metropolitan area represents the firm’s seventh housing joint venture in Latin America in the past year.
2 min read · 17 January 2013
Drucilla Richards, who previously helped to recruit 12 employees to the New York-based real estate investment firm, has now joined the company as a managing director of investor relations and capital raising. She is one of eight other real estate-focused hires that have or will join the company this year.
2 min read · 17 January 2013
Increased construction, a growing economy and the impending closing of two funds focused on investments in Turkey point to a possible increased investor appetite within the market. However, it still has a long way to go before being the next Brazil.
3 min read · 17 January 2013
Philip Fitzgerald, who was part of the team that ran Paladin’s active Latin American investment platform, has left the firm to pursue other opportunities.
2 min read · 17 January 2013
The Parsippany, New Jersey real estate investment manager has completed its largest fundraise for the property type, exceeding its original target by $68 million.
2 min read · 17 January 2013
