Tag Archive | "CalPERS"
CalPERS refocuses on Infrastructure, Foreign and Distressed Debt Investments
After significant mark downs in its land holdings earlier this summer, CalPERS has refocused its investment criteria with several new mandates. In a meeting earlier this week, the retirement system’s investment committee approved a proposal to invest 5% of its holdings, currently $12 billion, in infrastructure projects such as bridges, roadways and power plants. CalPERS [...]
Continue reading...Institutional investors weeding out investment managers
Thursday, June 26, 2008
Source: Pensions & Investments Some large real estate investors are taking a second look at their rosters of investment managers with a view to focusing on a smaller number of players reports Pensions & Investments. The current state of the economy and the real estate market might be forcing some institutional investors into adopting this approach. [...]
Continue reading...LandSource Investors Take Long-Term View
Tuesday, June 10, 2008
Source:Globe St. SANTA CLARITA, CA-San Francisco-based MacFarlane Partners says that the 15,000 acres of Santa Clarita Valley land owned by bankrupt LandSource is a good long-term investment despite the LandSource Chapter 11 filing this week, and CalPERS says that its stake in LandSource is a relatively small percentage of the overall CalPERS portfolio reports Globe St. [...]
Continue reading...Calpers May Sell Some Land Holdings After 31% Decline
Tuesday, June 10, 2008
Source: Bloomberg The California Public Employees’ Retirement System, the largest U.S. public pension fund, may sell part of its $2 billion in residential land holdings after the investments lost 31 percent last year amid falling home prices and forecasts of further declines reports Bloomberg. Sacramento-based Calpers hired Morgan Stanley to review seven land deals it made with [...]
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Tuesday, August 19, 2008
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