High returns expand LACERA’s real estate appetite for 2025
Alongside
plans for core and non-core buckets for 2025, LACERA plans to onboard emerging
managers in the space
emerging managers
Exclusive: CIO Shoaib Khan considers emerging markets an ‘important area’ of investments
The NJ Pension Fund CIO Shoaib Khan, who joined the pension fund in early 2021, is widening his investments for emerging managers. Owing to looming geopolitical concerns, back in 2022 the CIO reduced its allocation to private markets and improved their liquidity positioning. This allows them to sail smoothly in the current changing market environment. In this interview, the CIO dives deeper into manager selection, sectors he finds attractive and more.
Exclusive: Kirk Sims, Emerging Manager Program Director, Texas Teacher Retirement System (Texas TRS)
Kirk Sims joined the $180 billion Teacher Retirement System of Texas (Texas TRS) in 2019 to direct its emerging manager program, and has coached a 5-year annualized return of 11.1%. Here’s how he does it.