City of Phoenix Employees' Retirement System has committed $40 million to Real Estate Capital Core Fund.
Norges Bank Investment Management, a sovereign wealth fund, has made Karsten Kallevig property CEO.
22 December
University of Michigan has committed $32 million to Patron Capital Fund V. The fund is going to invest in Spanish property.
18 December
15 December
9 December
CBRE Group has appointed Alan Li as head of capital markets for the Greater China region, strengthening the country operations. This is a newly-created role for the property services firm. Mr. Li will begin his role in mid-December.
8 December
New Zealand Superannuation Fund is lining up the sale of a portfolio of stakes in 12 to 15 private real estate funds representing approximately $500 million of equity commitments. The pension fund has appointed advisors to oversee the sale.
7 December
Maryland State Retirement and Pension System has committed $75 million to FCP Realty Fund III.
4 December
Texas County and District Retirement System has committed €50 million to Perella Weinberg Real Estate Fund III.
3 December
According to a report by the Bureau of Investment, in the quarter ended September 30, Michigan Department of Treasury committed $50 million to TPG Real Estate II.
TIAA Henderson has hired Harry Y. Tan as Head of Research for the Asia-Pacific region, with effect from December 1, 2015. Mr Tan will be based in the Singapore office and will report to Chris Reilly, Managing Director, Asia Pacific.
2 December
Arkansas Public Employees Retirement System has committed $50 million to TA Realty's Associates Fund XI.
1 December
City of Fresno Retirement Systems is accepting proposals from investment managers to manage a value-add/opportunistic real estate portfolio. The focus will be on US strategies only for a commitment of up to $30 million during 2016.
To view last month's LP Radar, click here.