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.
Tag: Real Assets
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.
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.
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.