The C$52bn Canadian pension plan with an in-house private equity arm has followed in the footsteps of Ontario Teachers’ and the CPPIB by crossing the pond to source deals.
A study released by INREV at the ExpoReal conference has revealed that almost two-thirds of fund managers are reviewing the terms of their vehicles, with many set to extend. It's a 'question of timing', INREV tells PERE.
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
The $23 billion Employees Retirement System of Texas is looking to allocate eight percent of its pot to real estate, just as other US pensions are committing fresh capital to private equity real estate vehicles.
With a thriving economy, the Nordic region has seen a rush of investment over the past several years. But as the stellar yields of three years ago have fallen, investors are starting to look at new strategies for growth. By Dave Keating
The Carlyle Group has closed its fifth US-focused private equity real estate fund on $3 billion—an amount more than triple its previous fund raised two years ago.
The $1.1bn university endowment has upped its allocation to private equity by 150 percent in an effort to diversify its holdings.
Randall Mullan, formerly of British Columbia Investment Management, will spearhead the $223bn pension fund’s infrastructure investment program starting October 14.
Along with those of Stanford and British Columbia, Harvard University’s $37bn endowment has scored top marks for sustainable investment. Harvard's endowment, an active private equity LP, returned 8.6 percent for the fiscal year ended 30 June.
The Oregon Investment Council has committed $100m to Riverstone/Carlyle Renewable & Alternative Energy Fund II and $200m to Alinda’s latest infrastructure vehicle.