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Colony Capital goes public as REIT
trueReal estate manager Colony Capital has gone public as a real estate investment trust.
CalSTRS chooses 2 firms for real estate valuation consulting services
trueCalifornia State Teachers' Retirement System plans to award contracts to Real Estate Research Corp. and Altus Group U.S. for real estate valuation consulting services.
Preqin: Real estate, venture capital fundraising up in quarter; private equity closings down
truePrivate real estate and venture capital fundraising were strong in the first quarter of 2015, while private equity funds saw the lowest number of fund closings for a quarter in more than 10 years, a series of Preqin reports said.
Texas Municipal selects Courtland as new real estate consultant
trueTexas Municipal Retirement System hired Courtland Partners as its real estate consultant, pending contract negotiations.
Ontario Teachers returns 11.8% in 2014, surpassing benchmark by 170 basis points
trueOntario Teachers' Pension Plan, Toronto, returned 11.8% on its investments in 2014, above its custom benchmark's 10.1% return, powered by private equity and infrastructure performance.
Nebraska Investment Council gives Neuberger Berman $625 million for core-plus bonds
trueNebraska Investment Council hired Neuberger Berman to manage a $625 million active domestic core-plus fixed-income portfolio.
St. Louis Police makes first private real estate commitment
trueSt. Louis Police Retirement System committed $37 million to a private real estate fund managed by Principal Real Estate Investors.
Cocoa Firefighters' Pension Fund craves first real estate manager
trueCocoa (Fla.) Firefighters’ Pension Fund is searching for a real estate manager to run a $1.5 million portfolio.
Derbyshire County Council Pension Fund seeks real estate managers
trueDerbyshire County Council Pension Fund is searching for real estate investment managers to run an existing real estate allocation and to make further real estate investments.
Ohio Police & Fire commits $100 million to 2 funds
trueOhio Police & Fire Pension Fund made two new commitments totaling up to $100 million.
New Jersey commits $250 million to 2 managers, will review pay-for-play rules
trueNew Jersey Division of Investment committed up to $250 million in oil and gas and real estate investment strategies.
Colorado PERA adopts new long-term asset allocation with more alternatives
trueColorado Public Employees' Retirement Association is boosting its long-term alternatives target allocation and reducing its global equity and fixed-income targets.
GIC, Exeter Property Group form European real estate partnership
trueSingapore sovereign wealth fund GIC formed a €300 million ($328 million) real estate partnership with Exeter Property Group.
Costs go through roof on ISBI Boston investment
trueFor the Illinois State Board of Investment, a property in the Boston area might be almost worth its weight in snow removal.
Texas Employees commits $50 million to residential real estate fund
trueTexas Employees Retirement System committed $50 million to Waterton Residential Property Venture XII.