Ohio Police & Fire Pension Fund redeemed a total of $186 million from three of its open-end real estate funds.
Brian Klinksiek was named head of European research and global portfolio strategies at LaSalle Investment Management, effective Sept. 15.
The New York State Teachers' Retirement System recorded a -12.9% return for the three months ended March 31.
Ohio Police & Fire Pension Fund made partial redemptions totaling up to $100 million from three open-end real estate fund managers.
The global commercial real estate industry has reduced energy consumption in several key areas, helping to improve energy use intensity.
Los Angeles County Employees Retirement Association committed up to $150 million to Accel-KKR Capital Partners VI, a global buyout fund.
Chicago Firemen's Annuity & Benefit Fund hired three firms; one to manage a global REIT and two for core real estate.
For more than 30 years, stable value products have played an important role helping retirement plan participants safely accumulate retirement savings.
Stable value funds are experiencing increasing headwinds in meeting participant expectations for yield and safety.
Fort Worth Employees' Retirement Fund hired Nuveen to manage about $34 million in its real assets income strategy.
Massachusetts Water Resources Authority Retirement System committed a total of $25 million to two open-end core real estate funds.
The ILPA urged the SEC to uphold "fiduciary protections that investors are facing in the private equity market."