Investors | Dec 14, 2012 PSERS commits $150 Million to debt funds by Sara Kassabian The $51 billion Pennsylvania Public School Employees' Retirement System (PSERS) has committed $75 million each to LEM Real Estate High-Yield Debt and Preferred Equity Fund III and Latitude Management Real Estate Capital III.
Illinois Teachers commits $50 million to China fund, makes new hires by Andrea Waitrovich The $37.5 billion Teachers' Retirement System of the State of Illinois commits $50 million to Gateway Real Estate Fund IV, an opportunistic, value-added fund.
TMRS commits $300 million to core vehicles by Andrea Waitrovich The $20.1 billion Texas Municipal Retirement System (TMRS) has increased its core exposure with a total of $300 million in investments to four real estate funds.
Oregon commits $100 million to infrastructure The Oregon Investment Council has a $100 million commitment to Stonepeak Infrastructure Partner.
Investors | Dec 7, 2012 CBRE Global Investors holds $1.1 billion final close by Andrea Waitrovich CBRE Global Investors has held a final closing of CBRE Strategic Partners U.S. Value 6, with equity commitments of nearly $1.1 billion.
Carroll Organization holds final close for second fund by Sara Kassabian Atlanta-based real estate investment firm Carroll Organization has held a $30 million final close for its Carroll Co-Invest Fund II and sidecar fund for joint venture partners.
Rockpoint Fund IV raises $1.2 billion by Andrea Waitrovich Rockpoint Real Estate Fund IV has raised approximately $1.2 billion in equity commitments.
Illinois Teachers' issues RFP, posts positive real estate returns by Sara Kassabian, Andrea Waitrovich The $36.3 billion Teachers' Retirement System of the State of Illinois (TRS) has issued an RFP for a separate account manager with industrial experience to manage a commitment projected to be at $200 million.
TCDRS commits $50 million to Rockpoint fund by Andrea Waitrovich The $17.6 billion Texas County & District Retirement System (TCDRS) has committed $50 million to Rockpoint Real Estate Fund IV.
CalSTRS invests $650 million in real estate by Sara Kassabian, Andrea Waitrovich The $155.4 billion California State Teachers' Retirement System (CalSTRS) has committed $400 million to four funds and formed a $250 million joint venture.
Texas Permanent increases European exposure by Andrea Waitrovich The $25 billion Texas Permanent School Fund has approved a $75 million commitment to AREA European Real Estate Fund IV.
Rockspring nears final close date by Andrea Waitrovich U.K.-based Rockspring Property Investment Managers has a planned final close for its Rockspring TransEuropean Property Limited Partnership V on Dec. 5.
Investors | Nov 21, 2012 Montana Board of Investment commits $40 million to value-added funds by Andrea Waitrovich The $8.1 billion Montana Board of Investment has committed $40 million to two value-added funds.
Quantum Equities’ second fund nears final close by Andrea Waitrovich Seattle-based commercial property developer Quantum Equities has plans to hold a final close for its Cascadia Real Estate Investments II on Nov. 30.
Investors | Nov 15, 2012 Illinois Municipal invests $225 million in real estate by Andrea Waitrovich The $27.4 billion Illinois Municipal Retirement Fund approved the investment of up to $225 million into eight noncore, commingled real estate funds at its Oct. 26 meeting.
Investors | Nov 14, 2012 AEW holds $113 million first close for second senior housing fund by Andrea Waitrovich Boston-based AEW Capital Management has held a $113 million first close for AEW Senior Housing Investors II, its U.S. value-added fund focused on the senior housing sector.
Investors | Nov 13, 2012 Almanac Realty investors closes fund with $819 million by Andrea Waitrovich Almanac Realty Investors, formerly Rothschild Realty, has held a final close for its value-added fund Almanac Realty Securities VI.
Harrison Street raises $391 million for core fund by Andrea Waitrovich Harrison Street Real Estate Capital has raised approximately $391 million for its Harrison Street Core Property Fund, according to a filing with the Securities and Exchange Commission.
Alaska Permanent approves follow-on $200 million to residential real estate by Andrea Waitrovich The $42.3 billion Alaska Permanent Fund Corp. has made an additional commitment of $200 million to California-based company American Homes 4 Rent.
Investors | Nov 8, 2012 Paladin makes first investment in Uruguay by Andrea Waitrovich Paladin Realty Partners, which is active throughout Latin America, has made its first investment in Uruguay through a home-building joint venture platform called Pali-Altius.