The Canadian pension bucks the loss-making trend among North American pension funds returning one percent on its investments in the three months to June this year. The pension’s real estate allocation now stands at 5.6%, or $7.2bn. Infrastructure makes up 2.6%, or $3.3bn, of its portfolio.
2 min read · 22 January 2013
The $2.7bn Fresno County Employees’ Retirement Association has increased its exposure to private equity and real estate while launching a new ‘real asset’ allocation, which includes infrastructure.
2 min read · 22 January 2013
The $127bn pension fund saw its real estate investments return just 8.7% in the year to June 30, 2008 – against a benchmark of more than 10%. Despite its underperformance, real estate remained the strongest asset class for the pension during turbulent market conditions.
2 min read · 22 January 2013
The $2.7bn Fresno County Employees’ Retirement Association has increased its exposure to real estate and private equity while launching a new ‘real asset’ allocation, which includes infrastructure.
1 min read · 22 January 2013
The UK fund manager has recruited John Harding as business development director of property to work with distribution teams across Europe, the US and Asia.
1 min read · 22 January 2013
Buyout firms have long been labour union targets. As LPs fall into their sights, it would behoove public pensions to extol private equity’s advantages, writes Amanda Janis.
3 min read · 22 January 2013
The McLean, Virginia-based private equity real estate firm hires former Washington state securities enforcement lawyer to head risk monitoring group.
2 min read · 22 January 2013
The buyout firm, set to list on the New York Stock Exchange later this year, has added John Byson, former Edison International chairman and chief executive, as senior advisor for its infrastructure initiative. KKR announced its infrastructure initiative in May and is reportedly raising a $5bn infrastructure fund
2 min read · 22 January 2013
The Oregon Investment Council has also retained its target allocation to private equity at 16 percent.
1 min read · 22 January 2013
The London and Paris based renewables specialist has brought a portfolio of investments under one financing regime provided by German bank Nord/LB. The firm says it will enhance returns to the fund.
2 min read · 22 January 2013
