Capital Raising News – Page 184
-
News
CPPIB invests fresh CA$1.4bn in real estate
CANADA – The Canada Pension Plan Investment Board has expanded its real estate portfolio with $1.4bn worth of new investments, bringing the fund’s total real estate commitments to $8.4bn.
-
News
Avon signs Partners to work on global property
UK - Partners Group, the Swiss-based global alternative asset manager with over CHF25bn (€16.8bn) in assets under management, has been chosen to manage Avon Pension Fund’s overseas real estate portfolio.
-
News
Texas Teachers commits €200m to Europe
UNITED STATES - Teacher Retirement System of Texas has approved a €200m commitment to the Blackstone Real Estate Partners Europe III commingled fund.
-
News
CalSTRS to stick with changing First Industrial
UNITED STATES - California State Teachers Retirement System anticipates its relationship with First Industrial Realty Trust will not be affected by a major change in the firm’s upper management.
-
News
Sacramento County puts manager search on hold
UNITED STATES - Sacramento County Employees’ Retirement System has put plans to conduct a new manager search on hold until at least the first quarter of next year.
-
News
CBRE trust widens into UK retail
UK - The CB Richard Ellis Realty Trust has expanded its property holdings outside of the United States after purchasing a second major UK retail park.
-
News
Grosvenor to buy a ride on the Chinese dragon
ASIA/UK – Grosvenor, the London-based group of international property investment, development and fund management businesses, has launched a $600m (€468.7m) China retail fund.
-
News
Alameda County opts out of JP Morgan commingled fund
UNITED STATES - Alameda County Employees Retirement Association has decided it wants to pull out of its commitment to JP Morgan’s Alternative Property Fund.
-
News
Ohio PERS grabs opportunity to look beyond the value-add
UNITED STATES - Ohio Public Employees Retirement System will be shifting some of its investment capital in real estate to an opportunistic strategy in a bid to tap the little investment likely to surface over coming months.
-
News
CalPERS reserves $400m for hotel fund
UNITED STATES - California Public Employees Retirement System has made a $400m (€300.4m) commitment to the Starwood Capital Hospitality Fund II, following earlier success with an first version of Starwood’s specialist fund.
-
News
SanFran to become selective in real estate
UNITED STATES - San Francisco City and County Employees’ Retirement System is slowing down its real estate decisions to match the state of the US market and will make very selective investment decisions for the rest of the year.
-
News
California Uni puts real estate on ice
UNITED STATES - The University of California Retirement Plan has put plans to increase its real estate target allocation on hold until markets turbulence and returns have calmed.
-
News
INREV calls for single best practice framework
GLOBAL - Fund managers and investors have been invited to consider plans to combine all eight industry guidelines established by the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) into one integrated best practice document.
-
News
Office deal spreads EPISO assets across France
EUROPE – The European Property Investors Special Opportunities (EPISO) fund has increased its property holdings in France after purchasing a €145.6m portfolio from Credit Agricole Asset Management.
-
News
Merrill to invest $2.65bn in Asian real estate
ASIA – Merrill Lynch has closed its Asian Real Estate Opportunities Fund after raising $2.65bn for investments despite the turbulent economic climate.
-
News
Financial stress showing on apartment complex
UNITED STATES- The Stuyvesant Town/Peter Cooper Village apartment complex in New York, which is backed financially by pension funds, is going through some financial stress.
-
News
Mass PRIM makes additions in real estate
UNITED STATES - Massachusetts Pension Reserves Investment Management Board has selected a new real estate consultant and added an office building to its real estate portfolio.
-
News
GIC to invest in debt fund worth $2.5bn
UNITED STATES - Divco West Properties and LoanCore Capital have come together to form a $2.5bn (€1.8bn) investment fund which will target real estate debt opportunities at major institutional investors such as Singapore’s GIC.
-
News
Federal Capital attains $230m in first fundraising
UNITED STATES - Federal Capital Partners has closed its first commingled fund with a capital raisin of $230m (€168.5m) through FCP Fund I.
-
News
Buchanan Street Partners to be principal investor only
UNITED STATES - Buchanan Street Partners has shifted its business to focus solely on acting as a principal investor for all of its real estate investments.
