All articles by Jon Peterson – Page 33

  • News

    Indiana PERF moves $150m into real estate

    2008-05-01T17:20:00Z

    UNITED STATES - Indiana Public Employees Retirement Fund has approved commitments totaling $150m (€

  • News

    Orange County works on commingled fund manager search

    2008-05-01T17:17:00Z

    UNITED STATES - Orange County Employees Retirement System is nowworking on a search to hire new commingled fund real estate managers.

  • News

    Nebraska adds to real estate portfolio

    2008-05-01T17:14:00Z

    UNITED STATES - Nebraska Investment Council has expanded its real estate portfolio by making a $25m (€16.1m) commitment to the Five Arrows Realty Securities V commingled fund.

  • News

    Investor interest lifts non-core Rockpoint to $2.5bn

    2008-04-24T16:23:00Z

    UNITED STATES - Rockpoint Group LLC has attracted $2.51bn (€1.58bn) of equity for its latest commingled fund, Rockpoint Real Estate fund III but says the sum could have been larger on the back of investor demand.

  • News

    DRA invests half of its new $1.25bn fund

    2008-04-24T16:20:00Z

    UNITED STATES - DRA Advisors has already spent around 50% of the $1.25bn (€787.4m) of equity it has just finished for its DRA Growth and Income Fund VI.

  • News

    Washington State outshines Oregon’s commitment to Lone Star

    2008-04-24T16:18:00Z

    UNITED STATES - Washington State Investment Board has approved a commitment of up to $600m (€375.1m) into the Lone Star Fund VI commingled fund.

  • News

    Canyon Capital raises $1bn for urban fund

    2008-04-24T16:16:00Z

    UNITED STATES – US-based pension funds were among the biggest investors to Canyon-Johnson Urban Fund III, which has received equity commitments from investors totaling $1bn (€627.4bn).

  • News

    State of Virginia pursues $300m opportunity

    2008-04-24T15:30:00Z

    UNITED STATES - Virginia Retirement System has made a $300m (€188.5m) commitment to the investment entity Security Capital Income Opportunity Investors, LLC.

  • News

    Peace agreement sees New York make Emerald investment

    2008-04-17T17:36:00Z

    UNITED STATES- Four New York City pension fund have committed to invest $150m (€94.1m) into the Emerald Infrastructure Development Fund LP, which in turn invests capital in Northern Ireland.

  • News

    Kansas PERS issues real estate consultant RFP

    2008-04-17T17:32:00Z

    UNITED STATES - Kansas Public Employees Retirement System has sent out a Request for Proposal for a new real estate consultant.

  • News

    Illinois Teachers signs two core accounts

    2008-04-17T17:30:00Z

    UNITED STATES - Teachers’ Retirement System of the State of Illinois has hired Cornerstone Real Estate Advisers and Invesco Real Estate as its new core separate account real estate managers.

  • News

    Mass PRIM places all REITs in one week

    2008-04-17T17:29:00Z

    UNITED STATES - Massachusetts Pension Reserves Investment Management Board is a good example of the difference of investing in public and private real estate, as in the first week of March, the pension fund was able to place its entire REIT allocation for the year, worth $540m (€342.1m), in the ...

  • News

    Kimpton books $246m into hotels

    2008-04-17T17:25:00Z

    UNITED STATES - Kimpton Group Holding raised $246m (€155.6m) through institutional partners for its latest hotel investment fund, Kimpton Hospitality Partners II.

  • News

    Urdang raising hit by European pensions retreat

    2008-04-10T17:28:00Z

    UNITED STATES - Urdang Capital Management did not reach the expected initial capital raising for its latest commingled fund, the Urdang Value-Added Fund II.

  • News

    Swiss pensions increase AIFAA’s US play

    2008-04-10T17:25:00Z

    UNITED STATES/SWITZERLAND - AIFAA, an investment company backed by 12 Swiss pension funds, has doubled the size of its real estate portfolio in the United States by acquiring two properties in all-cash deals for $72m (€45.9m).

  • News

    New York stores assets in Europe

    2008-04-10T17:21:00Z

    UNITED STATES - New York Common Retirement Fund has added European self-storage properties to its real estate investment program for the first time with the acquisition of a 51% interest in Public Storage’s Shurgard Europe operations.

  • News

    Pension fund shops for real estate via AEW-Weingarten JV

    2008-04-10T17:20:00Z

    UNITED STATES - AEW Capital Management and Weingarten Realty Investors have formed a $229m (€144.2m) partnership for the recapitalization of a US-based retail portfolio, which is expected to benefit an unnamed US pension fund.

  • News

    Texas Teachers applies $600m to non-core property

    2008-04-10T17:16:00Z

    UNITED STATES - Teacher Retirement System of Texas approved $600m (€382.1m) of new real estate commitments in March to non-core real estate commingled funds.

  • News

    Arkansas Teachers takes real estate to 10%

    2008-04-03T17:37:00Z

    UNITED STATES – The Arkansas Teacher Retirement System has approved a new target for estate investments that is almost twice as much as the previous allocation.

  • News

    Morgan Stanley to create real estate FoFs

    2008-04-03T17:35:00Z

    UNITED STATES - Morgan Stanley Investment Management has formed a fund of funds (FoFs) business in real estate.