Allocation Strategy

The Chevy Chase, Maryland-based real estate investment manager has held a final close on its second real estate offering, surpassing its original target for the fund.

The State of Wisconsin Investment Board has awarded a $150 million separate account mandate to Bentall Kennedy in order to make its first investments in the property type.

The Singapore-based property company has teamed up with Oakwood Worldwide, a Los Angeles-based provider of serviced accommodation, with a view to opening more than 100 properties around the world over the next five years.

A key takeaway from this week's PERE Global Investor Forum in LA was that institutional investors active in the private real estate market should embrace its current flux by being proactive.

The second largest US pension plan is considering the creation of a mortgage lending program, its real estate head revealed this week.

At the PERE Global Investor Forum, Stuart Bernstein of Texas Teachers decried emerging manager graduation programs while he and his peers discussed their approaches to investing in new talent.

The London-based firm, better known for its third-party investment management division is planning to invest up to £250 million into Africa funds as a passive investor.

Malaysia’s largest pension fund placed a heavy emphasis on property as it increased international investments.

The $37 billion sovereign wealth fund is conducting due diligence on private real estate funds to supplement its growing direct portfolio.

Less than two years into its real estate investment programme, the State Oil Fund of the Republic of Azerbaijan already is demonstrating a nous for determined deal-making.