CalPERS
New York Pension Makes $370MM Direct Investment into Shopping Center Platform with West Coast Assets
By Jon Peterson New York State Teachers Retirement System (NYSTRS) has made a direct investment in one of its operators. The pension fund...
CalPERS Names Nicole Musicco New Chief Investment Officer
SACRAMENTO, Calif. – Completing an international search and extensive recruitment process, the California Public Employees’ Pension Retirement System (CalPERS) announced today the appointment of...
BioMed Realty Spends $220MM to Acquire Seattle Office Asset from Clarion
By Meghan Hall The life sciences industry is continuing to propel the local office market forward. Major life sciences developer and investor BioMed...
CalPERS Allocates $500MM for Life Science Relationship with DivcoWest
By Jon Peterson On the heels of increasing its commitment in the multifamily real estate market, the California Public Employees Retirement System has made...
CalPERS to Beef up West Coast Apartment Portfolio with Two New Commitments Totaling $732MM
By Jon Peterson As interest in West Coast housing properties continues, institutional-grade investors are looking for ways to increase their footprint across the coastal...
CalPERS Puts $800MM into Blackstone’s BioMed Life Science Fund
By Jon Peterson The life science sector has been the darling of the commercial real estate industry over the last eighteen months, and...
CalPERS Reports Preliminary 21.3% Investment Returns for Fiscal Year 2020-21; Strong Returns Trigger Reduction in Discount Rate to 6.8%
Sacramento, Calif. – CalPERS today reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021. CalPERS assets...
Rubicon Raises $150MM for Institutional Commingled Fund, Will Consider Deals in Pacific Northwest
By Jon Peterson San Francisco-based Rubicon Point Partners is shoring up investor commitments for acquisitions in Northern California and the Pacific Northwest. The company...
Rubicon Point Partners Targets $250MM Capital Raise for Commingled Fund to Invest in Bay Area and Pacific Northwest
By Jon Peterson San Francisco-based Rubicon Point Partners is now out in the market raising capital for its commingled fund known as Rubicon First...
Sack Properties adds Peter Casey to Pursue Apartment Investment for the Firm
By Jon Peterson Sack Properties has hired Peter Casey as a managing director to join the company’s office in San Francisco, according to...
CalPERS Makes Additional $375MM Allocation into Emerging Manager Program
By Jon Peterson California Public Employees Retirement System has approved a new $375 million allocation into its real estate emerging manager program for real...
CalPERS Names Arnold B. Phillips Managing Investment Director of Global Fixed Income
SACRAMENTO, Calif. – CalPERS today announced the appointment of Arnold B. Phillips as the managing investment director (MID) of its Global Fixed Income investment...
