Non-public companies valued at $1 billion and up haven’t sprung back with the stock market.
For the top 8, including Mercer and BlackRock, last year marked an unaccustomed reversal of fortune, a study by Charles Skorina found.
Private equity firm reports that redemptions for the REIT are down 29% from their peak in January.
The pension fund also rehired NEPC as its real estate investment consultant.
GIC also reported 5- and 10-year annualized returns of 3.7% and 5.1%, respectively.
The Oregon Venture Fund partner was appointed by Governor Tina Kotek and confirmed by the state senate in June.
Sponsors invested in deals worth $740 million during the quarter, down from nearly $14 billion in Q1.
More housing price increases might squelch the conventional wisdom that July’s hike will be the last, some strategists say.
Investors in the in-vogue asset class hope that rising yields will boost their take.
Brad Lander also lashed out at BlackRock for appointing the CEO of the Saudi Arabian Oil Co. to its board.
The union threatened to strike over a missed $50 million payment by subsidiaries of Yellow, which accused the Teamsters of breaching their CBA.