Real Estate
A new impact-driven minority-owned investment platform has launched with the help of a financial services company, a family office and a mission-aligned investment firm.
Alternatives will play an even more critical role in helping nonprofits reach spending plus inflation targets in 2021 as they seek income and downside protection that low-yielding bonds markets and equity markets cannot.
Plan has issued an RFP in search of general, real estate and/or private equity consulting services.
The plan’s incumbent real estate consultant did not respond to an RFP issued due to its contract expiration.
A California pension plan approved the hire of a new real estate manager at its board meeting today.
The plan is searching for international small-cap managers due to incumbent contract expirations.
A foundation-based on the West Coast approved a new target asset allocation increasing its targets to real estate, domestic large-cap equity and international equity in December.
He will focus on the global distressed debt real estate market.
A Midwestern pension plan terminated its active large-cap equity managers to fund mandates with three new global equity managers hired following an RFP search.
Real estate head will now also lead subsidiary.