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Paladin hires senior analyst for Latin America
trueDaniel Sklar was named senior analyst at Paladin Realty Partners, said Alex J. Stockham, spokesman.
Farmland returns decline in second quarter
trueThe National Council of Real Estate Investment Fiduciaries index returned 1.73% in the second quarter, a decline from 2.41% in the first quarter and down from 1.97% in the second quarter of 2013.
Co-investing entering new arena: Hedge funds
trueInstitutional investors increasingly are translating co-investment experience in private equity, real estate, infrastructure and energy funds to their hedge fund portfolios.
Texas Permanent commits $225 million to 3 real estate funds
trueTexas State Board of Education approved the recommendation of its finance committee to commit a total of $225 million to three real estate managers from the $30.2 billion Texas Permanent School Fund, Austin.
Louisiana Teachers earmarks $200 million to 3 managers
trueLouisiana Teachers’ Retirement System, Baton Rouge, made three new commitments totaling up to $200 million, said Dana Brown, director of public markets.
Pennsylvania Turnpike opens search for GTAA, hedge fund, real estate managers
truePennsylvania Turnpike Commission, Harrisburg, is searching for global tactical asset allocation, hedge fund of funds and value-added real estate managers for its $273 million retiree medical trust.
USAA Real Estate hires managing director of portfolio management
trueEdmund Donaldson was named managing director of portfolio management at USAA Real Estate.
Florida SBA commits $772.5 million to 8 funds
trueFlorida State Board of Administration committed $772.5 million to eight private equity and real estate funds.
Cornerstone acquires German real estate manager
trueCornerstone Real Estate Advisers is purchasing German real estate money manager PAMERA Asset Management
Canada's PSP invests more than 1% of its portfolio in New Zealand property
truePublic Sector Pension Investment Board, Montreal, purchased the AMP Property Portfolio, a portfolio of New Zealand real estate valued at more than NZ$1 billion (US$880 million).
New Jersey seeks senior alternatives professionals for pension fund
trueNew Jersey Division of Investment, which manages investments for the $78.6 billion New Jersey Pension Fund, is seeking to hire “senior alternatives investment professionals” with backgrounds in real estate, private equity, real assets and/or hedge funds.
Norfolk County opens searches for transition, real estate and private equity managers
trueNorfolk County Retirement System, Canton, Mass., is seeking a transition manager, a real estate fund-of-funds manager to run up to $10 million and a private equity co-investment manager to run up to $15 million, said RFPs posted on the website of Wainwright Investment Counsel, consultant to the ...
Carlyle carry funds rise 5% in second quarter
trueThe Carlyle Group said its carry fund valuations rose 5% during the second quarter of 2014, according to preliminary performance figures released Monday. Its portfolio is up 11% year to date, and up 20% in the 12 months ended June 30.
Alaska Retirement drops Cornerstone for real estate
trueAlaska Retirement Management Board, Juneau, terminated Cornerstone Real Estate Advisers as a core real estate manager, said Judith Hall, liaison officer, in an e-mail.
Carmel Partners closes 5th multifamily real estate fund at $1 billion
trueCarmel Partners announced Monday the closing of Carmel Partners Investment Fund V, at its $1 billon hard cap, said Caroline Luz, spokeswoman.