CalPERS Terminates Real Estate Partner In Development Plan
CIM is out after nine years of failed efforts to develop a vacant lot in downtown Sacramento into an office tower. What’s next for the site is unclear.
Tag: real estate
Alternatives Investors Say Equity Markets Have Peaked
The majority also believe private equity, real-estate markets are overvalued.
Italian Fund to Add Infrastructure, Real Estate
Solidarietà Veneto’s private market experience helped build confidence in beefing up alts exposure.
Newsmakers
Pennsylvania SERS Approves $286 Million in New Commitments
State retirement system board also confirms James Nolan as acting CIO.
Real Estate Advisory Firm, Execs Pay over $60 Million to Settle SEC Charges
SEC alleges firm wrongfully inflated incentive fees for two mergers.
Alternatives
Ohio School Pension Fund Tilting to Infrastructure
Officials expect the space to return 8%-10%, outperform commercial real estate by 200 basis points.
Regulation
Former Otéra CEO Sues CDPQ After Being Fired for ‘Ethical Failings’
Alfonso Graceffa accuses pension giant of conducting smear campaign against him.
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.
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.