CalSTRS signals 8.4 percent net return for the 2024 fiscal year
The $341.1bn pension fund has a positive return for all its asset allocations except in real estate.
real estate
Exclusive: Elias Bachmann considers private credit as a ‘Gateway Drug’
In
this conversation Bachmann dives deep into impact investing, red flags in managers
and his contrarian approach when making investment decisions. He will also
be speaking at our 8th annual private wealth forum in Denver on October 29.
San Bernadino overallocates its real estate portfolio for the first time in three years
In
a recent discussion, the system highlighted having a “high bar for new
opportunities in the real estate sleeve” and made its only commitment of the
year in April.
Illinois Teachers searches for a real estate and real assets consultant
The current consultant StepStone’s contract
will expire at the end of this year.
Texas Teacher Retirement System’s new $329m commitments
The
$193bn pension fund has made commitments to five managers, out of which three
are new managers on the roster.
Milwaukee ERS makes new $50m commitment to real estate
The $6bn pension fund has invested in data centers through the Harrison Street fund.
Virginia Retirement System discloses its recent commitments to its private equity and real assets portfolio
The $113bn system has most recently made $575m commitment to its RA portfolio and $300m to its PE portfolio, as shown in the June meeting materials.
State Teachers Retirement System of Ohio plans strategic moves for fiscal year 2025 within its real estate portfolio
The
$94 billion pension fund will focus on direct investments in apartments and
industrial sectors and will look to reduce allocations to office sector.
Colorado FPPA discloses 4 new commitments and 3 manager terminations
The $6.9
billion pension fund has made new commitments in real assets, real estate and
private capital and terminated public equity and long short equity managers, as
disclosed in its recent meeting.
Pennsylvania Public School Employees’ Retirement System Makes a New RE Commitment
Carlyle
Realty Partners X focuses on acquiring and developing properties in the US with
low correlation to GDP, high operating margins and high tenant retention