Alternatives
Most LPs Wary of Sports Investments, Survey Finds
Despite growing popularity, 81% of PE fund investors reported that the risks of sports funds are too great, per a survey from Coller Capital.
Tag: Real Estate
Asset Allocation
New York State Pension Earmarks $850M for Private Equity, Credit Investments
The quiet month was preceded by a two-month, $7.6 billion investing spree.
Asset Allocation
New York State Pension Commits $4.6B in Investments in September
More than half is earmarked for its opportunistic absolute return strategies and credit portfolios.
Asset Allocation
Norges Bank Acquires 97.7% Stake in Silicon Valley Office Property
The manager of Norway’s $1.76 trillion sovereign wealth fund paid $217 million for the real estate.
Asset Allocation
Utilities, Real Estate Equities Fuel Canadian Pension Plans’ 5.1% Q3 Returns
The performance raised the plans’ year-to-date return to 9.6%.
Manager Selection
Illinois Municipal Retirement Fund Seeks Real Estate Managers
The IMRF aims to commit at least $50 million to residential property strategies.
Pensions
New York Common Earmarks Nearly $3B in Investments in August
The $268 billion pension fund allotted the bulk of its commitments to public equities, real estate, and credit investments.
Corporate Moves
Ares to Acquire Real Estate Asset Manager GCP International
The deal will double Ares Real Estate’s assets to $96 billion.
Asset Allocation
New York Common Cashes Out $3.3B Worth of Strategic Partnerships
The pension giant also committed another $1 billion to a BlackRock climate fund after dumping nearly $4 billion in public equities earlier this year.
Asset Allocation
New York State Pension Boosts Private Equity Investments
More than half of the $1.3 billion in June commitments were made within the NYSCRF’s PE portfolio.
Pensions
Rhode Island Pension Returns 10.47% in Fiscal 2024
Assets of the ERSRI system rose to $11.369 billion.
Pensions
UC Investments Reaps Big Returns From Index Fund Shunning Fossil Fuels, Tobacco
Some $1.3 billion of the University of California’s $16 billion fiscal 2024 investment gain came from one S&P 500 index fund.
Asset Allocation
Sovereign Wealth Funds Shift Into More Tech and Green Energy
The SWFs also are pushing more into real estate as valuations drop, report says.
Research
Why REITs Return More Than Directly Owned Properties
For allocators, real estate investment trusts, which boast higher liquidity, come out ahead across the board, a CEM Benchmarking study finds.
Asset Allocation
39% of Family Offices Are Crypto Investors or Are Eyeing It
The findings were part of BNY Mellon Wealth Management’s first report on these funds.