Manager Selection
CalSTRS Chooses Nuveen for $150M Self-Storage Mandate
A new commitment from the California teachers’ pension fund’s $46 billion real estate portfolio was announced.
Tag: Real Assets
Asset Allocation
Infrastructure, Real Assets Make Attractive Additions to Fixed-Income Portfolios
The asset classes can provide significant diversification and are uncorrelated with other fixed-income investments.
Newsmakers
OMERS’ Ralph Berg Shines a Spotlight on Infrastructure
The Ontario Municipal Employees Retirement System CIO explains his fund’s approach to infrastructure, asset allocation, U.S. tariffs and the Canadian model.
Asset Allocation
Canadian Pension Fund BCI Offers to Take Infrastructure Manager BBGI Private
The Luxembourg-based manager could be acquired for $1.31 billion.
Alternatives
Institutional Investors See Resilience in Commercial Real Estate
While the industry is forever changed following the pandemic, portfolio managers expect a rebound ahead.
Pensions
CPP Investments Forms $789M Industrial Real Estate Joint Venture
The partnership with Bridge Industrial will ‘target the acquisition and/or development of modern industrial facilities in supply-constrained markets across the U.S.’
Asset Allocation
NBIM Acquires $1B Stake in Logistics Portfolio From CPP Investments
NBIM takes a 45% interest in a 48-building U.S. portfolio, while the Canadian Pension Plan separately divested from a real estate joint venture in China.
Manager Selection
Illinois Municipal Retirement Fund Seeks Real Estate Managers
The IMRF aims to commit at least $50 million to residential property strategies.
Asset Allocation
AustralianSuper Takes $1.5B Equity Stakes in DataBank
The Dallas-based data center company raised about $2 billion to fund its expansion plans that include three new facilities.
Pensions
NY State Pension Returns 11.55% in Fiscal 2024, Dumps Another Stock Fund
The $267.7 billion pension giant cashed out of $3.8 billion worth of equity investments in March and April alone.
Manager Selection
Iowa Pension Recommends 9 New Managers for Real Assets Portfolio
IPERS plans to make $500 million in real assets commitments in 2024.
Asset Allocation
New York State Pension Cashes Out of $1.9 Billion Public Equity Fund
The $260 billion pension giant also allocated $1.6 billion across a variety of investments in March.
Asset Allocation
Equity Gains Buoy Ohio School Employees’ 7.4% Return in Fiscal 2023
The School Employees Retirement System of Ohio topped its benchmark and raised its asset value to $17.8 billion.
Asset Allocation
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
Asset Allocation
New York State Common Retirement Fund Invests More Than $3B in May
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.