• Exclusive Online Only Content
• Weekly Email News Alerts
• Industry White Papers
• Expert Analysis

Real Estate

Fort Worth Fund Allocates to WestRiver

September 2, 2010 - The Fort Worth Employees’ Retirement Fund has selected a private equity real estate firm to oversee $25 million of its assets. The Investment Committee recommended WestRiver Capital Management for the account, subject to legal review ...

Sonoma Moves Farmland Search Along

August 26, 2010 - The Sonoma County Employees’ Retirement Association (SCERA) could fund its new 3% allocation to farmland investments next month. In June, IMW reported that the California system had approved adding the asset class to its real estate ...

Stanislaus County Takes on New Asset Mix

August 23, 2010 - The roughly $1.2 billion Stanislaus County Employees’ Retirement Association (StanCERA) has adopted a new asset allocation to include targets to mezzanine and infrastructure ...

Kentucky Completes Liability Study, Shifts Allocations

August 20, 2010 - The nearly $12.9 billion Kentucky Retirement Systems (KRS) approved changes to its asset allocation targets yesterday that will effectively “reduce risk” for the Frankfort-based employees retirement plan, Mike Burnside, KRS executive director ...

Dallas 911 Keeps Townsend on Board

August 16, 2010 - The roughly $2.9 billion Dallas Police and Fire Pension (DPFP) System has decided to hang on to one of its advisors. The Board of Trustees voted to retain the Townsend Group, which is headquartered in Cleveland, as its real estate ...

Knight Libertas Expands Commercial Real Estate Team

August 10, 2010 - Knight Capital Group expanded its ABS/MBS capabilities in commercial real estate (CRE) finance with the hiring of Barry Funt and Winston van Buitenen as managing directors...

The Carson Companies Creates Institutional Business

July 26, 2010 - California-based REIT The Carson Companies has announced the formation of Carson Advisors to partner and invest with public and corporate pension funds, endowments, foundations, sovereign wealth funds and high-net-worth investors...

Delaware Valley Real Estate Fund Sues Hedgie

July 20, 2010 - The Delaware Valley Real Estate Investment Fund (DVREIF), a commingled investment fund whose purpose is to invest union worker pension funds in real estate development and construction projects throughout the Delaware Valley ...

Fairfax County Selects Mezzanine Managers

July 16, 2010 - The Fairfax County Educational Employees’ Supplementary Retirement System (ERFC) Board of Trustees decided yesterday to retain the investment prowess of mezzanine fund managers Audax and Newstone Capital Partners, Janet Kohler Dueweke, an ERFC spokesperson, told IMW...

Kramer: SIC's Alternative Regulatory Limits Should Be Raised

July 16, 2010 - The New Jersey Division of Investment (DOI) and the State Investment Council (SIC) may pursue a new proposal to increase permissible regulatory limits for various forms of non-traditional investments for the Garden State’s retirement systems.

Chicago Teachers’ to Shift Portfolio to Alternatives

July 16, 2010 - The Public School Teachers’ Pension and Retirement Fund of Chicago’s (CTPF) Board of Trustees began discussions yesterday into determining its future asset allocation path. The plan may shift into alternatives and decrease equity commitments, Kevin Huber, CTPF executive director, said in an email...

CalPERS Posts Fiscal Year Gains

July 15, 2010 - Things are looking up at CalPERS, according to the fund’s preliminary estimated returns for the one-year period between July 1, 2009 and June 30, 2010. In a statement today, the California Public Employees’ Retirement System ...

New Mexico PERA Kicks up Alternatives

July 14, 2010 - The $10.5 billion New Mexico Public Employees’ Retirement Association (NMPERA) made decisions at its Investments Committee meeting yesterday that has left its alternatives portfolio a tad bit heftier...

Real Estate Investments Main Breadwinner for Alternatives

July 12, 2010 - Despite incremental steps in alternative assets such as infrastructure and commodities at the end of last year, real estate continues to dominate pension fund allocations in the space, a Towers Watson survey said today. According to the ...

Clairvue Capital Adds Associate

July 12, 2010 - Recently formed real estate firm Clairvue Capital Partners has added manpower to its team in the form of Jonathan Manheim. Manheim, who has joined Clairvue Capital as an investment associate, will report directly to the firm’s founders ...