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Farmland returns 2.08% in Q1
trueThe NCREIF Farmland index returned 2.08% in the first quarter -- its lowest first-quarter return since 2010, when the index gained 1.11%.
South Carolina commits $375 million to 2 real estate funds
trueSouth Carolina Retirement System Investment Commission committed a total of up to $375 million to real estate managers on behalf of the $29.5 billion South Carolina Retirement Systems.
Ohio School Employees makes $75 million real estate commitment
trueOhio School Employees Retirement System committed $75 million to Lubert-Adler Real Estate Fund VII, a non-core real estate fund managed by Lubert-Adler Partners.
Arizona State Retirement earmarks $100 million for Blackstone
trueArizona State Retirement System committed $100 million to Blackstone Real Estate Partners VIII, managed by Blackstone Group.
Lubbock Fire Pension Fund makes Blackstone commitment
trueLubbock (Texas) Fire Pension Fund committed $10 million to the Blackstone Real Estate Income Fund.
TIAA Henderson Real Estate appoints head of Asia-Pacific business development
trueCarsten Kebbedies was named head of business development, Asia-Pacific for TIAA Henderson Real Estate in Singapore.
Norway's sovereign wealth fund, Prologis acquire $5.9 billion U.S. real estate portfolio
trueNorges Bank Investment Management, the in-house manager of Norwegian sovereign wealth fund Government Pension Fund Global, Oslo, will acquire a 45% stake in a U.S. industrial real estate portfolio.
GE unit's sale called a boon for private credit managers
trueGeneral Electric Co.’s decision to sell its commercial lending business is a boon for private credit managers, several managers say.
Baseball talk banned at conference panel
trueReal estate money managers love talking about their business in baseball terms. But Micolyn Magee, a principal at real estate consulting firm Townsend Group, put an end to that — at least temporarily — at the Pension Bridge annual conference April 7-8 in San Francisco.
Texas Permanent School Fund commits to Rockpoint real estate fund
trueTexas State Board of Education, Austin, on Friday approved committing up to $50 million to Rockpoint Real Estate Fund V for the $29.9 billion Texas Permanent School Fund, which it oversees.
Blackstone AUM up 14% for year; first alternative manager to top $300 billion
trueBlackstone Group's total assets under management were up 14% year-over-year and up 7% quarter-over-quarter to $310.45 billion as of March 31, making the firm the first alternative investment manager to surpass $300 billion in assets under management, the alternative investment firm's first-quarter ...
GE will seek to reverse FSOC designation
trueGeneral Electric Co. will seek to undo designation as a systemically important financial institution after it completes the sale of its lending business GE Capital, which it announced April 10.
eVestment: Alternative assets under administration rise 16.8% in 2014
trueAlternative assets under administration in 2014 totaled $6.862 trillion, up 16.8% from the prior year, eVestment said in a survey released Monday.
GE Capital asset disposition plan
trueGeneral Electric said it expects asset sales of more than $200 billion in the next 18 to 24 months as the firm plans to sell the majority of its GE Capital unit.
Preqin: Sovereign wealth fund assets rise 17% in 18 months to $6.3 trillion
trueAggregate assets managed by a universe of 73 sovereign wealth funds increased 17% to $6.3 trillion as of March 31, up from $5.4 trillion at the start of October 2013, the last time researcher Preqin reviewed this part of the asset owner industry.