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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.
DeAWM to outsource real estate fund administration to BNY Mellon
trueDeutsche Asset & Wealth Management reached a proposed agreement to outsource its real estate fund administration, with about $47.6 billion in assets under administration, to Bank of New York Mellon Alternative Investment Services.
Landmark Partners adds principal
trueGeoffrey Mullen joined private equity and real estate secondary market firm Landmark Partners as principal.
Investors in Global Real Estate taps Schroders as investment manager
trueInvestors in Global Real Estate, Guernsey, Channel Islands, hired Schroder Property Investment Management as its new investment manager.
Abu Dhabi Investment Authority expanding internal alternatives capabilities
trueAbu Dhabi Investment Authority plans to selectively add personnel across real estate, infrastructure and private equity this year.
CalPERS seeks infrastructure, real estate consulting services
trueCalPERS issued an RFP for a pool of consultants for infrastructure and real estate technical investment consulting services.
PAG, CPPIB acquire Commerz Japan real estate business
truePAG, an Asia-focused alternatives investment manager, and Canada Pension Plan Investment Board have acquired Tokyo-based Commerz Japan Real Estate Finance Corp. from Commerzbank AG.
San Antonio Fire & Police on lookout for non-core real estate manager
trueSan Antonio Fire & Police Pension Fund approved a search for a non-core real estate manager.
StepStone Group forms real estate unit with Clairvue Capital Partners
trueStepStone Group formed a new unit, StepStone Real Estate, with Clairvue Capital Partners.