News
Los Angeles Lays Out Tentative Strategy for First-Time Real Assets Portfolio
Pension picks up infrastructure for the first time, and forms a new inaugural ‘real assets’ strategy.
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.
$3.8 billion deal between Canadian pension fund and pipeline company is to develop natural gas transportation.
Adds $100 million to the $250 million commitment it made in 2018.