PropertyEU

Calpers, Hines reduce size of Spanish fund

By A staff reporter 2009-03-25T00:00:00

US real estate developer Hines and US pension fund Calpers (California Public Employees' Retirement System) are reducing the size of their HCS Interest joint venture fund from EUR 183 mln to EUR 35 mln. The fund, headed by Carlos Matta, was launched in June 2006 and was targeting the Spanish ...

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