Asset Allocation
NYC Pension System to Invest $4B in Affordable Housing
The New York City Housing Investment Initiative, announced by Comptroller Mark Levine, would deploy $1 billion per year over the next four years.
Tag: Real Assets
Pensions
La Caisse Forms Joint Venture to Acquire European Logistics Properties
The Quebec-based pension and industrial REIT manager Prologis plan to deploy $1.17 billion.
Newsmakers
Where Stonepeak Sees Opportunity in Infrastructure
The specialist investor is putting money to work and taking a long-term approach, according to co-president Jack Howell.
Newsmakers
OMERS Names Luca Lupo as European Infrastructure Head
Based in London, Lupo will oversee the Ontario Municipal Employees Retirement System’s infrastructure investments in Europe.
Asset Allocation
Ongoing Tariff Uncertainty Tests Investor Discipline
Market swings have been all too common since last year, leading investors to warn against complacency.
Alternatives
Trump Suggests Ban on Institutional Investors Buying Single Family Houses
In an online post, President Donald Trump wrote that he intends the measure to mitigate the housing crisis resulting from an upward spiral of costs.
Corporate Moves
ISS STOXX Launches Real Assets Climate Solutions Suite
The tools aim to help investors understand climate risks within their portfolios.
Newsmakers
Jacmel Partners’ Infrastructure Platform Names Shaquille O’Neal as Founding Partner
The alternative investment manager, which previously invested in the development of LaGuardia Airport, will join forces with the NBA champion to make impact investments.
Pensions
CPP Investments Takes Stake in 11GW Power Generation Company
The $1 billion minority investment in Alpha Generation LLC will support energy for digital infrastructure.
Asset Allocation
How Timberland, Agriculture Can Fit Into Asset Owner Portfolios
Timber, farmland and other renewable resource investments provide steady returns, diversification and capital preservation.
Manager Selection
Nest Commits $750M to Timberland Fund
The U.K.’s largest workplace pension will gain exposure to the asset class through BTG Pactual TIG.
Market Moves
JFK Airport Lands Australia’s TelstraSuper as New Investor
The investment, of an undisclosed amount, “aligns with our long-term approach and our commitment to supporting essential infrastructure,” a fund official said.
Manager Selection
Illinois Municipal Retirement Fund Commits $300M to Real Assets, Alts
The IMRF made commitments with Blue Owl Real Estate, Khosla Ventures, Charlesbank Capital Partners and Great Hill Partners.
Manager Selection
NBIM Commits $800M to Blackstone Logistics Real Estate Fund
The strategy will invest in warehouse properties across the U.S. and Canada.
Manager Selection
Maryland Pension, Barings Form Partnership for Infrastructure, Emerging Managers
The Maryland State Retirement and Pension System will join forces with the asset manager to launch a $250 million real assets program.