CPPIB continues to plow money into infrastructure investments.
New firm spun out of Google parent’s urban innovation business.
Solidarietà Veneto’s private market experience helped build confidence in beefing up alts exposure.
Officials expect the space to return 8%-10%, outperform commercial real estate by 200 basis points.
Being ‘overweight’ in hotels helped real estate outperform other asset classes in $69 billion portfolio.