Meghan Morris
The JV will be seeded with a seven-property portfolio, which the insurance giant has sold a 49.9 percent stake in to NY Common.
Smaller firms face a host of issues that can make succession planning more difficult than at larger firms.
Ian Wilkin has joined the New York-based private equity real estate firm from the Abu Dhabi Investment Authority where he worked as head of decision support for real estate.
The pension plan voted Thursday to approve changes to reduce volatility and diversify core exposure.
Sam Zell’s private equity real estate firm noted huge demand for local housing development, a young population, strong economy and credit availability as part Mexico’s appeal.
The Boston-based firm beat its $500 million target and its second fund size for its latest opportunistic vehicle.
The $133.9 billion pension plan allocated capital to three firms at its December meeting.
Norway’s sovereign wealth fund has money to deploy but few attractive opportunities, its real estate head said in a Wall Street Journal interview.
The country’s biggest university endowment has been revealed as the investment partner in the acquisition of a seven-building apartment complex in Harlem.
The Chicago-based private equity real estate firm added a senior vice president to its client service and marketing group.