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Real estate managers, investors turning to secondary markets — conference panel
trueReal estate money managers are looking to cities and regions they wouldn't have considered 12 months ago, said panelists speaking at IMN's 12th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing in Laguna Beach, Calif.
IMN conference: Real estate managers exploring smaller open-end funds
trueReal estate money managers are starting to investigate creating smaller open-end funds, said James G. Tod, partner at consulting firm KPMG, during a panel on Thursday at IMN’s 12th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing Conference in Laguna Beach, Calif.
Arizona Public Safety allocates $458 million to 5 managers
trueArizona Public Safety Personnel Retirement System approved a total of up to $458 million in commitments, direct investments and co-investments.
NYC Retirement Systems, TIAA-CREF join in lawsuits against American Realty
trueNew York City Retirement Systems and TIAA-CREF have joined a group of investors that allege American Realty Capital Properties, a real estate investment trust, and others violated federal securities laws.
Real estate investors ramping up risk, moving from commingled funds
trueReal estate investors are investing in riskier properties while accepting lower returns and longer periods of illiquidity or lockup periods, said speakers Wednesday at IMN's 12th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing Conference in Laguna Beach, Calif.
Kansas Public Employees charts currency overlay search, commits $240 million
trueKansas Public Employees Retirement System will issue an RFP for a firm to provide currency overlay management services in the second half of 2015.
Preqin: Alternatives assets under management rise 11% in 2014
trueAlternative investment managers worldwide experienced an 11% increase in assets under management in 2014 to an aggregate $6.9 trillion, recently released data from Preqin show.
Alameda County narrows real estate consultant search
trueAlameda County Employees’ Retirement Association named Callan Associates, Courtland Partners and Townsend Group as finalists in its search for a real estate consultant.
Palm Beach Retirement System makes commitment to Oaktree real estate fund
truePalm Beach (Fla.) Retirement System committed $8 million to Oaktree Real Estate Opportunities Fund VII.
Blackstone adds global CIO for real estate
trueKenneth Caplan was promoted to global chief investment officer for real estate at Blackstone Group.
Fort Lauderdale Police & Fire adds value-added real estate fund
trueFort Lauderdale (Fla.) Police & Fire Retirement System committed $20 million to American Strategic Value Realty Fund, an open-end, value-added real estate fund managed by American Realty Advisors.
Louisiana Firefighters picks 3 for core real estate
trueLouisiana Firefighters' Retirement System hired three core real estate managers to run a total of $36 million.
Forecasting capital calls proves challenging for pension funds
trueA CalPERS-sponsored study on treasury management finds that only 38% of pension funds responding said they are confident in their ability to accurately forecast cash needs for private investments beyond 30 days.
San Francisco City & County Employees earmarks up to $250 million for real estate
trueSan Francisco City & County Employees' Retirement System's board committed of up to $250 million in three opportunistic real estate funds.
CIM Group closes $2.4 billion real estate fund
trueCIM Group closed it latest real estate opportunity fund, CIM Fund VIII, with $2.4 billion.