Pennsylvania Public School Employees' Retirement System related stories
All articles and analysis
Pennsylvania commits $250m to First ReserveThe Pennsylvania Public School Employees’ Retirement System has also approved €150m for Nordic Capital's latest buyout vehicle.
- Mesa West tops fundraising target
The West coast debt shop has garnered $420m in commitments from LPs for its latest vehicle, the Mesa West Real Estate Income Fund II. It will continue fundraising until the end of the year, PERE has learnt.
- PSERS commits up to $100m to Prudential
The $50.8 billion pension plan will allocate up to $100 million to Prudential’s $500 million value-added fund focusing on senior housing investments.
- Carlyle raises $2.3bn for sixth fund
The Washington DC-based private equity giant has turned away approximately $500m of potential commitments as it sees its real estate opportunity fund, Carlyle Realty Partners VI, become oversubscribed.
- Wisconsin commits $150m to Blackstone
The $80 billion state investment board has invested in BREP VII, as well as hiring Heitman to manage a $20 million separate account.
- Blackstone holds $4bn first close for Fund VII
The New York firm has taken just four months to raise more than a third of its $10 billion target for the incoming real estate opportunity fund. Separately, it also is in talks with Bank of America Merrill Lynch to buy the remaining real estate from its global real estate principal investments platform.
- PSERS approves $500m of commitments to Blackstone, Carlyle
Public documents of The Pennsylvania Public School Employees’ Retirement System reveal commitments totalling $500 million to the next private equity real estate funds of titans Blackstone and Carlyle. PSERS also revealed the current performances of the latest funds to be closed by each firm.
- Ramius, Feil launch $500m debt fund
The New York-based firms have hit the market with their fifth offering in the RCG Longview Debt Fund series. Early investors include the Pennsylvania Public School Employees’ Retirement System, which recently committed $75 million.
- Stockbridge closes value-added fund on $220m
The San Francisco-based real estate investment manager has wrapped up fundraising for its debut value-added fund. The firm also recently made its fourth acquisition on behalf of the vehicle.
- PSERS commits $200m to Brookfield
The $51 billion pension plan has resolved to contribute to the Toronto-based firm’s first global opportunistic real estate fund, Brookfield Strategic Real Estate Partners, which already has held a first close on $2.1 billion.