Newsmakers
Help Wanted: Investment Pro for NYC’s Real Estate Holdings
The city’s five public pension funds have a property portfolio worth $18 billion.
Tag: real estate
Newsmakers
Goldman to Combine Four Private Market Groups into $140 Billion Giant
Firm plans to capitalize on industry’s private equity boom, raise stagnant stock price.
Aberdeen, Sumitomo Form Venture to Invest in Asia Pacific Real Estate
The firms said they would incorporate ESG factors into the investment process.
Asset Allocation
Texas Employees’ Tees Up Major Investment Plans
Private equity, infrastructure, and real estate allocations have their investment schedules laid out for the future.
Asset Allocation
Op-Ed Scolds Harvard’s ‘Rapacious’ Land Investments
Former overseer Kathryn Taylor, two student advocates call for a ‘new direction’ for endowment investments.
Newsmakers
Alternatives Are Moving New Jersey’s Funding Needle
How the floundering pension employed them to better its funding status during a rough 2018.
Newsmakers
Exclusive: Los Angeles’ CIO Preps for Potential $1 Billion Real Estate Sell-Off
Being 2% overweight to real estate means it’s time to trim the hedgings.
Alternatives
At Pension Bridge: Finding Opportunity in Real Estate
What’s working now and how to take advantage of what isn’t.
Corporate Moves
Norway’s Real Estate Shift Shuffles Its Leadership
World’s biggest sovereign wealth fund adds some top officials from its property arm, now being sucked into the investment division.
Alternatives
Exclusive: Michigan’s Hotel-Heavy Strategy Pulls Real Estate Portfolio Ahead of the Pack
Being ‘overweight’ in hotels helped real estate outperform other asset classes in $69 billion portfolio.
Market Moves
Robert Shiller Is Downbeat About Housing
The celebrated economist thinks residential real estate is ‘looking weaker,’ despite some encouraging data.
Alternatives
Despite Strong Returns, New Mexico Exits Core Real Estate Strategy
Pension cites Berkshire’s lack of ability to ‘scale up going forward.’
Asset Allocation
Washington State Makes $1.6 Billion in Private Market Commitments
The new commitments are part of the plan to keep private market investments to around 40% of the fund.
Another Swedish Pension Shield Had a Not-Great 2018
Two of the nation’s four retirement system reserves experienced lackluster returns last year.
Asset Allocation
Consultant’s ‘Less Optimistic’ View of Equities Leads Massachusetts to Consider Portfolio Re-Allocation
Board considers ‘incremental increases’ to private markets exposure to deliver long-term benefits.