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Pompano Beach pension fund makes real estate commitment
truePompano Beach (Fla.) General Employees’ Retirement System committed $3 million to American Strategic Value Realty Fund, a value-added, non-core open-end real estate fund managed by American Realty Advisors.
CPPIB commits additional $400 million to China real estate joint venture
trueCanada Pension Plan Investment Board committed an additional US$400 million to Goodman China Logistics Holding, the board’s joint venture with real estate investment manager Goodman Group, to develop logistics projects in China.
Columbia joins Blackstone in retail hedge fund initiative
trueColumbia Management, which oversees more than $350 billion, is joining with Blackstone Group to increase retail investors' access to hedge fund strategies.
University of Houston chooses long/short, buyout funds
trueUniversity of Houston System invested $10 million in Proxima Capital Master Fund, a long/short equity hedge fund managed by Proxima Capital Management, for its $592 million endowment.
New Jersey earmarks $100 million for Asia real estate fund
trueNew Jersey Division of Investment committed $100 million to Real Estate Capital Asia Partners IV, an opportunistic non-core real estate fund managed by SC Capital Partners.
Texas Teachers commits $755 million to real estate, private equity
trueTexas Teacher Retirement System committed a total of $755 million to five private market funds in the quarter ended Sept. 30, a transaction report provided to Pensions & Investments showed.
Top purchases and sales in Q3 among top 10 hedge funds by equity holdings
trueAbbVie Inc. and Actavis PLC were the top two buys among the top 10 pure-play hedge funds ranked by equity asset holdings during the third quarter, according to data from S&P Capital IQ.
Newham Pension Fund seeks real estate consultant
trueLondon Borough of Newham Pension Fund, London, is searching for a consultant to restructure and advise on its £87 million ($136.1 million) real estate allocation.
Montana Board of Investments slates $45 million for 3 funds
trueMontana Board of Investments committed a total of $45 million to three private equity managers.
Nebraska Investment Council commits to real estate, private equity
trueNebraska Investment Council committed $40 million to Almanac Realty Securities VII, a value-added real estate fund managed by Almanac Realty Investors.
Oceanwood Capital closes Opportunities Fund to new investors
trueOceanwood Capital Management closed its main Opportunities Fund to new investors Monday after reaching $2 billion in assets.
New Mexico Educational targets $115 million for 3 funds
trueNew Mexico Educational Retirement Board, Santa Fe, made $115 million in commitments to alternative investment funds.
SSgA sells off majority stake in SSARIS Advisors
trueState Street Global Advisors will sell its majority ownership stake in hedge fund-of-funds manager SSARIS Advisors back to the firm's senior management team.
U.S. real estate still attractive to foreign institutional investors
trueForeign capital is flooding into U.S. real estate despite lower return expectations.
Kensington starts to attract foreign investors
trueUntil last year, all of Kensington Realty Advisors Inc.’s investors were based in the U.S.