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Alaska Permanent commits $418 million to custom U.K. real estate separate account
trueAlaska Permanent Fund Corp., Juneau, committed £250 million ($418 million) to LaSalle Investment Management to run a custom U.K. real estate separate account, confirmed spokeswoman Laura Achee.
State-Boston Retirement System hunting for real estate managers
trueState-Boston Retirement System is seeking at least one manager to run about $190 million in open-end real estate funds for the $3.9 billion defined benefit pension fund.
Families going straight to asset owners to find buyers
trueWealthy families looking to sell iconic buildings are knocking on the doors of institutional investors, taking advantage of institutions' growing interest in investing directly in real estate.
Wayne County earmarks $90 million for 5 managers
trueWayne County Employees’ Retirement System, Detroit, made a total of $90 million in new commitments, according to recently released board meeting minutes.
MSCI: Real estate portfolios, benchmarks misaligned
trueSome 80% of global institutional investors have a degree of misalignment between their real estate benchmarks and their portfolios, with a third of that group having a significant misalignment such as using a domestic benchmark for a portfolio with exposure to foreign real estate, according to a ...
Alaska Retirement Management Board looking to land real estate consultant
trueAlaska Retirement Management Board, Juneau, is searching for a real estate consultant.
CBRE Global Investors adds to EMEA team
trueMichael Clarke was named senior managing director and head of investor services, Europe, the Middle East and Africa, at CBRE Global Investors.
Winchester Contributory Retirement hunts for passive real estate manager
trueWinchester (Mass.) Contributory Retirement System is seeking a passive real estate manager to run $2 million to $5 million.
ULI conference focuses on healthy real estate
trueNow that green real estate has become widespread, real estate money managers are moving to expand their horizons to healthy properties.
Illinois Teachers makes nearly $1.5 billion in commitments
trueIllinois Teachers' Retirement System, Springfield, committed $1 billion total to five managers and allocated an additional $450 million total to four existing managers.
Sacramento County Employees goes with debt, real estate funds
trueSacramento County (Calif.) Employees’ Retirement System committed $45 million total to two alternatives funds.
Alabama Trust Fund adds UBS Realty Investors to real estate roster
trueAlabama Trust Fund Board hired UBS Realty Investors to run $80 million in a core real estate commingled fund.
Gaw Capital USA adds exec in new Chicago office
trueRoman Nemtsov is joining real estate investment firm Gaw Capital Partners USA as senior vice president, investments, in the soon-to-be-opened Chicago office.
New opportunities in private equity secondary market
trueMoney managers are expanding their private equity secondary market investments to include infrastructure, real estate, energy and timber, ahead of what they expect to be a growing investment opportunity.
Falmouth Retirement System seeks real estate securities manager
trueFalmouth (Mass.) Retirement System is searching for a real estate securities manager to run about $2.7 million.