Risk
UC Endowment Shifts Major Cash into Alts
The huge fund is targeting real estate, private equity, and hedge funds.
Tag: Real Estate
Asset Allocation
New York Appropriates $1.2 Billion in Direct and Indirect Investments
Institution continues strong focus on real estate and private equity, terminates global equity account.
CalSTRS Details $4.7 Billion Private Equity and Real Estate Commitments
A total of 25 managers received 26 commitments in the last half of the 2017-2018 fiscal year.
Newsmakers
San Francisco Pension System Commits More than $900 Million to Private Markets
The plan has committed more than $3 billion overall in 2018 to private markets as CIO William Coaker Jr. builds up the alternatives portfolio.
Newsmakers
San Francisco Makes $1.1 Billion in Commitments, Mostly to Hedge Funds
Private equity, real estate, and natural resources funds also represented.
Risk
Switzerland’s Largest Pension Fund Trims Equities for Real Estate
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
CalPERS Wants to Hire New Real Estate Managers
Experience wanted, but not too much experience. The idea is to identify promising managers with room to grow.
Asset Allocation
Canada Pension Plan, Boston Properties Buy Santa Monica Office Park
The joint venture will be able to buy the underlying land in 10 years.
Housing Market Is Still Sluggish, 10 Years After Crisis
Higher mortgage costs and a supply shortage are problems, though demand is decent.
Asset Allocation
Ohio Teachers’ Pension System Buys Remodeled Texas High-Rise
State retirement system targeting Dallas for real estate portfolio investments.
Market Moves
Miami Pension to Divest from Real Estate Fund
Fund shifts 5% allocation to large cap and fixed-income investments.
Asset Allocation
CPPIB, Longfor Properties to Create Mixed-Use China Real Estate Projects
Shanghai, Chengdu developments to provide residential, commercial use.
Corporate Moves
Bain Snaps up HMC’s Real Estate Team
Move is another step in HMC’s plan to work with more outside managers to boost returns.
Risk
Florida SBA Commits Over $1 Billion to Nine Managers
Funds go toward private equity, real estate, and distressed debt investments.
Report: US Commercial RE Investments Down 12% Despite Market Being ‘Awash in Capital’
The sector continues to attract foreign investors, led by the Canadians, as well as Asian buyers, Avison Young says.