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Texas County & District puts $155 million with 4 funds
Texas County & District Retirement System committed a total of $155 million to alternative investment managers, bringing the system's April commitments to $255 million.
U.S. core real estate funds post one-year gains of 9.7% through Q1
The NCREIF Open-end Diversified Core Equity index - which tracks returns of 19 real estate funds with $93 billion in net real estate assets - was up 2.43% net of fees during the first quarter of 2013, and up 9.67% over the trailing 12-month period. Since inception more than 35 years ago, the index
Real estate bosses see opportunities outside U.S.
One-third of the $8.5 billion invested by Kennedy Wilson since 2010 has gone to debt and properties in Ireland, said William McMorrow, Kennedy Wilson chairman and CEO of real estate, at the Milken Institute Global Conference in Beverly Hills, Calif.
CalPERS signs Invesco Real Estate for multifamily program
CalPERS hired Invesco Real Estate to manage an initial allocation of $250 million as part of its multifamily real estate program.
Washington State Investment Board commits to REOC, private equity
Washington State Investment Board, Olympia, committed $250 million to Calzada Capital Partners.rd.
Paulson to start second real estate fund after decline in assets
John Paulson is starting another private equity fund to invest in real estate, marking the second time this month that his money management firm has revealed plans to raise additional assets.
NYSTRS picks private equity, real estate equity managers
New York State Teachers' Retirement System, Albany, approved five private equity commitments and three real estate equity investments, confirmed John Cardillo, a spokesman for the $95.1 billion pension fund.
Florida SBA names 3 finalists in real estate investment consultant search
Florida State Board of Administration, Tallahassee, named Courtland Partners, ORG Portfolio Management and Townsend Group as finalists in a search for real estate and strategic investments consultant services, said Dennis D. MacKee, FSBA communications director.
Private real estate returns 2.57% in the first quarter
Private real estate posted a total return of 2.57% during the first quarter of 2013, comprising 1.39% income return and 1.18% capital appreciation during the quarter. The first-quarter return is three basis points higher than last quarter, and the index returned 10.52% in the four quarters ended ...
New Mexico State Investment Council adds real estate, in-state private equity commitments
New Mexico State Investment Council, Santa Fe, made $175 million in commitments to three real estate funds and $10 million its first fund commitment to its in-state private equity program in five years.
Ohio Police & Fire bulks up tactical real estate allocation
Ohio Police & Fire Pension Fund, Columbus, committed $50 million to USAA Eagle Real Estate Fund, confirmed spokesman David Graham.
NCREIF: Farmland index posts largest first-quarter increase since inception
The total first-quarter return for the National Council of Real Estate Investment Fiduciaries Farmland index was 5.44%, comprising 4.42% appreciation and 1.02% income return. According to NCREIF, it is the largest first-quarter return since the index began tracking farmland returns in 1991. The ...
Quebec pension fund invests in U.S. multifamily real estate
Ivanhoe Cambridge — the real estate arm of the C$35 billion Caisse de Depot et Placement du Quebec — is snapping up multifamily real estate at a fast clip, and it's not done yet.
Texas Permanent School Fund to look for real estate consultant
Texas Permanent School Fund, Austin, will search for a real estate consultant for the $26.9 billion education fund.
Holyoke Contributory commits to 3 real estate funds
Holyoke (Mass.) Contributory Retirement System committed a total of $14 million to three real estate funds from emerging managers.