One of the co-investors that participated in the transaction was The Texas State Board of Education, which oversees the Texas Permanent School Fund, and contributed $50m.
2 min read · 01 December 2015
The Ohio Public Employees Retirement System committed to Ardian Secondary Fund VII and to Strategic Partners’ latest real estate fund among others.
2 min read · 30 November 2015
Crown Small Cap Real Estate Fund II, which is targeting $400m, will commit up to 25 percent to secondaries.
2 min read · 23 November 2015
Co-investments can help a secondaries buyer bridge any financing gaps to purchase a large portfolio.
3 min read · 20 November 2015
Pensions and SWFs are bringing ever larger portfolios to the secondaries market, with CalPERS’s recent $3bn sale the biggest so far.
2 min read · 19 November 2015
The state pension plan has invested in two previous Metropolitan funds.
1 min read · 18 November 2015
Park Hill advised CalPERS on the sale of the portfolio, which is made up of 43 fund stakes.
2 min read · 13 November 2015
NorthStar anticipates that distributions from real estate secondaries investments will come down in the next few quarters.
2 min read · 10 November 2015
The bank is letting the investments run through the end of their life and may tap the secondaries market only if interests remain by the Volcker Rule’s July 2017 deadline.
2 min read · 06 November 2015
The firm held a final close for its largest-ever real estate fund of funds.
2 min read · 28 October 2015
