California Public Employees’ Retirement System
CalPERS Increases Multifamily Bet
By Jon PetersonThe California Public Employees’ Retirement System has committed $631.8 million in new equity to an investment fund that specializes in apartments...
CalPERS Dedicates Nearly $500MM to Buy Apartments, Decrease Debt
Jon Peterson The California Public Employees’ Retirement System has placed nearly $494 million in new commitments with several of its existing real estate...
CalPERS to Allocate $200 Million to Emerging Managers
Jon Peterson Real estate investment managers new to the world of institutional capital will get a crack at landing funds from the largest...
CalPERS Reconfigures Huge Industrial Portfolio
Jon PetersonIn December, the California Public Employees’ Retirement System replaced longtime partners LaSalle Investment Management as the overseer of nearly $2 billion in...
CalPERS Recommits to Real Estate
By Jon Peterson CalPERS could invest as much as $1.5 billion in commercial real estate next year, up from a fraction of that...
Bidders for State Buildings Wait, Wonder
By Sharon Simonson Real estate investors who sought to acquire 11 state of California office buildings say they are watching with interest an...
CalPERS Drops BlackRock as Apartment Manager
By Jon Peterson Eighty-five hundred employees in 24 countries were not enough to allow asset-management behemoth BlackRock Inc. to hang on at the...
CalPERS Evaluates Future of CalSmart Investment Program
By Jon Peterson CalPERS, the country’s largest public employees retirement system, may be abandoning a real estate investment vehicle at the heart of...
CalPERS Expands Real Estate Consultant Pool
By Jon Peterson The California Public Employees’ Retirement System has more than tripled the size of a standing pool of real-estate consultants from...
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...
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....
