All articles by Jon Peterson – Page 31

  • News

    Orange County turns away from separate accounts

    2008-06-26T17:14:00Z

    UNITED STATES - Orange County Employees Retirement System has started the process of investing in commingled real estate funds and moving away from separate accounts.

  • News

    New Jersey turns attention to non-core real estate

    2008-06-26T17:08:00Z

    UNITED STATES - New Jersey Division of Investment has approved $250m (€161.4m) worth of commitments to non-core real estate.

  • News

    Ohio PERS prepares for move overseas

    2008-06-19T17:34:00Z

    UNITED STATES - Ohio Public Employees Retirement System is getting ready to make its first ever move into investing in international REITs.

  • News

    Pramerica books space at Mexican resort

    2008-06-19T17:33:00Z

    UNITED STATES - Pramerica Real Estate Investors is expecting to invest as much as $800m (€517m) over several years in a joint venture to develop the second phase of a project along the Sea of Cortez in Mexico, known as CostaBaja Resort & Marina.

  • News

    SanFran City & County ups real estate assets by 2%

    2008-06-19T17:29:00Z

    UNITED STATES - San Francisco City & County Employees’ Retirement System has decided to increase its exposure to real estate to 12%.

  • News

    Maryland sees value in adding to real estate

    2008-06-19T17:27:00Z

    UNITED STATES - Maryland State Retirement System has signed a deal to invest with a new manager to the fund, by committing $100m (€64.6m) to the Rockwood Capital Real Estate Partners VIII fund.

  • News

    LACERA extends its hotel funds holding

    2008-06-19T17:26:00Z

    UNITED STATES - Los Angeles County Employees Retirement Association has further diversified of its assets into hotel investments, and approved a $100m (€64.5m) commitment to the Starwood Capital Global Hospitality Fund II.

  • News

    CalPERS-backed real estate entity files Chapter 11

    2008-06-12T10:47:00Z

    UNITED STATES - LandSource Communities Development LLC, a US land investment entity backed by California Public Employees Retirement System, the largest pension fund in the United States, has filed for Chapter 11 bankruptcy protection.

  • News

    CalSTRS focuses eye on infrastructure

    2008-06-12T10:46:00Z

    UNITED STATES - California State Teachers Retirement System has begun the process for eventually placing around $1bn (€644.m) of capital in infrastructure investments.

  • News

    Wisconsin follows the lower allocation trend

    2008-06-12T10:44:00Z

    UNITED STATES – Yet another US pension fund has moved to reduce its allocation to real estate this year, as the State of Wisconsin Investment Board has cut its allocated capital by 14%.

  • News

    RREEF makes fresh executive hires

    2008-06-12T10:43:00Z

    UNITED STATES - RREEF Alternative Investments has added to its executive staff with the hiring of Susan Barlow as managing director and head of global client relations.

  • News

    Thomas Properties and UBS sign office contract

    2008-06-12T10:42:00Z

    UNITED STATES - Thomas Properties Group has created a new office building acquisitions joint venture with UBS Wealth Management to purchase assets in selected markets across the United States.

  • News

    Tricon Capital creates new investment platform

    2008-06-12T10:40:00Z

    UNITED STATES - Tricon Capital Group has created a new investment platform for the recapitalisation of single-family communities.

  • News

    Illinois Teachers targets minority and female managers

    2008-06-05T17:39:00Z

    UNITED STATES - Teachers’ Retirement System for the State of Illinois has decided to expand its emerging manager program to include real estate for the first time.

  • News

    State of Wisconsin makes hotel reservations

    2008-06-05T17:32:00Z

    UNITED STATES - Wisconsin State Investment Board is planning to invest into hotels for the first time.

  • News

    Ohio PERS sees value of European capital

    2008-06-05T17:30:00Z

    UNITED STATES - Ohio Public Employees Retirement System (PERS) has made $75m (€48.3m) commitments to Carlyle Europe Realty Partners III and Blackstone Real Estate Partners Europe Fund III.

  • News

    LACERA moves $50m into pan-Asia fund

    2008-06-05T17:28:00Z

    UNITED STATES - Los Angeles County Employees Retirement Association had added to its international real estate exposure by committing $50m (€32.2m) to the ING Real Estate Asia Value Fund.

  • News

    Ohio Police & Fire commits to high return fund

    2008-06-05T17:26:00Z

    UNITED STATES - Ohio Police & Fire Pension Fund is continuing its high return commingled fund investing strategy by making a $25m (€16.2m) commitment to the Walton Street Real Estate Fund VI.

  • News

    Morgan Stanley to invest $4bn in infrastructure

    2008-05-29T18:12:00Z

    UNITED STATES - Morgan Stanley has raised two-thirds more than originally intended for its global commingled fund, known as Morgan Stanley Infrastructure Partners, as investor demand created fund flows worth a total $4bn (€2.56bn).

  • News

    JPMorgan raises $600m for China fund

    2008-05-29T17:46:00Z

    UNITED STATES - JPMorgan Asset Management raised in excess of $600m (€380.6m) for its latest commingled fund, the JPMorgan Greater China Property Fund.