Evelyn Lee
The $78.6 billion pension plan will invest in a new internally managed fund of funds that will target emerging real estate markets such as Turkey and sub-Saharan Africa.
The New York-based fund manager reportedly is under contract to sell a three-building art/office complex in Manhattan to The Related Companies, after rebranding the formerly distressed asset.
The New York-based real estate manager's latest vehicle, which has a niche focus on middle-market debt investments, currently is about 50 percent invested.
The $37.7 billion pension system has approved an allocation to the New York-based private equity giant’s latest global real estate fund, which is expected to reach $6 billion in commitments by year’s end.
The $50.8 billion pension plan will allocate up to $100 million to Prudential’s $500 million value-added fund focusing on senior housing investments.
The private investment firm, in partnership with Rowan Asset Management, has acquired the central London office building on behalf of its third investment fund.
The Los Angeles-based real estate manager is targeting $400 million for its latest Latin America-focused real estate fund, with a first close expected by February.
The $146.9 billion pension fund has chosen the Los Angeles-based Korn/Ferry to assist in identifying potential candidates to replace former CIO Raudline Etienne.
The former head of asset management at RREEF has taken on a similar role at Rockefeller’s investment management subsidiary.
Four leading GPs give their thoughts on the fundraising climate today and look to 2012 at last month's PERE Forum in New York.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: