CalPERS Changes Multi-Family Investment Policy
By Jon PetersonCalifornia Public Employees’ Retirement System will be considering an investment policy change for rent-regulated multi-family housing at its April 19th investment...
CalSTRS Re-Ups with PCCP
By Jon Peterson The California State Teachers’ Retirement System has invested $15 million in a $105.5 million follow-on fund raised by money manager...
CalPERS Sees Drop in Core Office and Separate Account Urban Portfolio
By Jon Peterson A long-time real estate partnership between CalPERS and the Hines company has recorded a $276 million drop in value in...
CalPERS to End Relationship With LaSalle
By Jon Peterson The California Public Employees’ Retirement System will terminate LaSalle Investment Management as the overseer of its CalEast Global Logistics account....
CalPERS, Hines Take Another Real Estate Hit
By Jon Peterson The largest public pension fund in the country and a former trailblazer for other U.S. pension funds has sold a...
CalPERS Hires Quality Control
By Jon Peterson The California Public Employees’ Retirement System is hiring a former real estate portfolio manager to fill a new position created...
CalSTRS’ Real Estate Portfolio Drops 2.3 Percent in Third Quarter
By Jon Peterson The California State Teachers’ Retirement System has reported a $327 million loss for its real estate portfolio during the third...
UCLA Economist: State Unemployment to Remain High in 2010, 2011, But Bay Area Should Suffer Less
By Sharon Simonson California’s unemployment rate likely will stay in the double digits for the next two years with no new net employment...
CalSTRS Wringing Risk from Real Estate Portfolio
By Jon Peterson CalSTRS, the second-largest public pension fund in the United States, is directing changes to its real-estate investment policy that will...
