Investors | May 14, 2014 Texas Teachers commits $200m to value-added real estate by Reg Clodfelter The $126.1 billion Teacher Retirement System of Texas has committed $200 million to CBRE Strategic Partners U.S. Value 7.
Investors | May 13, 2014 NYSTRS invests $100m in real estate, renews REIT managers by Reg Clodfelter The $104.3 billion New York State Teachers' Retirement System was active with its real estate portfolio at a recent board meeting, investing $100 million in a separate account with Grosvenor Capital Management Customized Fund Investment Group and renewing agreements with three of its REIT/REOC managers.
Investors | May 12, 2014 Indiana commits $215m to real estate by Reg Clodfelter The Indiana Public Retirement System has committed $215 million to three real estate funds.
Investors | May 12, 2014 Prudential adds two to global marketing and communications team by Reg Clodfelter Prudential Real Estate Investors has added Alyson Barnes and Erica Platt to its global marketing and communications team, based in New York City.
Investors | May 9, 2014 Ohio School Employees commits $250m to infrastructure and real estate by Reg Clodfelter The $12.26 billion School Employees Retirement System of Ohio has committed $200 million to IFM Global Infrastructure Fund, managed by IFM Investors, and $50 million to Lion Industrial Trust, managed by Clarion Partners.
Investors | May 8, 2014 Delaware commits $40m to value-added real estate by Reg Clodfelter The Delaware Public Employees Retirement System has committed $40 million to Marcus Partners Fund II, a U.S.-focused value-added fund managed by Marcus Partners, according to board documents.
Investors | May 7, 2014 SBCERA gives go-ahead on commitment, consultant consolidation by Reg Clodfelter The San Bernardino County (Calif.) Employees' Retirement Association has approved recommendations proposed last month to commit $50 million to Invesco Real Estate Asia and to terminate its contract with The Townsend Group for real estate consulting services.
Investors | May 6, 2014 New Mexico increases target allocation to real estate, real assets by Reg Clodfelter The Public Employees Retirement System of New Mexico has increased its target allocation to alternative investments from 6 percent to 10 percent, resulting in an increase to the target allocations of both real estate and real assets from 3 percent of the total portfolio to 5 percent each.
Investors | May 6, 2014 Ohio Police & Fire commits $35m to timber by Reg Clodfelter In an ongoing effort to increase exposure to the timberland sector, the Ohio Police & Fire Pension Fund has committed $35 million to Forest Investments Associates, adding to a past allocation to the firm of $100 million.
Investors | May 5, 2014 Oregon commits $300m to value-added real estate by Reg Clodfelter The $67.9 billion Oregon Public Employees Retirement Fund has committed $100 million each to three value-added funds.
Investors | May 2, 2014 Illinois Muni commits $208m to non-U.S. real estate by Andrea Waitrovich The $33.7 billion Illinois Municipal Retirement Fund approved commitments of $208 million to three commingled real estate funds at its April 24 meeting.
Investors | May 1, 2014 Wisconsin commits $80m to core JV with Essex by Reg Clodfelter The State of Wisconsin Investment Board and Essex Property Trust have each committed $80 million to a joint venture titled Wesco IV, the fourth in a series of joint ventures between the two.
Investors | Apr 29, 2014 Japan's GPIF continues to overhaul strategy and governance by Jennifer Molloy Japan's $1.3 trillion Government Pension Investment Fund has added three members to its investment committee, which is expected to have greater authority than before.
Fundraising | Apr 29, 2014 UPDATE: CBRE raises $944m for value-added fund by Reg Clodfelter CBRE Global Investors has raised $943.5 million for CBRE Strategic Partners U.S. Value 7, a domestic value-added fund, according to a filing with the SEC.
Investors | Apr 24, 2014 Virginia commits $104m to value-add European RE by Reg Clodfelter The $63 billion Virginia Retirement System has committed $103.6 million to Europa Real Estate Fund IV, marking the first time the retirement system has invested with Europa Capital.
Fundraising | Apr 23, 2014 Embarcadero holds final close for fourth fund by Reg Clodfelter Embarcadero Capital Partners has held a final close for Embarcadero Capital Investors IV after raising $155 million in commitments.
Investors | Apr 16, 2014 New Mexico commits $185m to REITs, European real estate by Reg Clodfelter The $10.7 billion New Mexico Educational Retirement Board has committed a total of $185 million to European real estate strategies and the retirement board
Investors | Apr 16, 2014 LACERA to potentially invest $1.5b in real estate by Reg Clodfelter The real estate committee of the $42.2 billion Los Angeles County Employees Retirement Association recently approved the recommendation of a real estate investment plan for fiscal year 2014.
Investors | Apr 15, 2014 Texas Teachers commits $500m to real estate by Reg Clodfelter The $123.9 billion Teacher Retirement System of Texas has committed $300 million to Lone Star Fund IX and $200 million to Fudo Capital III.
Investors | Apr 15, 2014 SBCERA approves potential $50m commitment, consolidates consultants by Reg Clodfelter The San Bernardino County (Calif.) Employees' Retirement Association approved a recommendation for a $50 million investment in Invesco and may consolidate its consulting team.