Heitman closed three private funds, raising about $3.15 billion in capital commitments to real estate and private debt investments.
Ohio Police & Fire Pension Fund redeemed a total of $186 million from three of its open-end real estate funds.
Massachusetts Water Resources Authority Retirement System committed a total of $25 million to two open-end core real estate funds.
Norfolk County Retirement System committed or invested $224 million with six managers.
South Carolina Retirement System Investment Commission approved increasing the allocations to three existing core and core-plus real estate managers.
Oklahoma Teachers' Retirement System is considering issuing an RFP for opportunistic real estate funds to run about $130 million.
Arkansas Public Employees Retirement System expects to make commitments to two real estate value-added strategies this year.
OM Asset Management reported $258.8 billion in assets under management as of June 30, an increase of 3.6% from March 31.
Peter L. Bain leaving OM Asset Management as CEO surprised many, although slow growth and high costs may have led to the leadership shakeup.
Chuck Fiedler joined Deutsche Asset & Wealth Management as a managing director and head of strategy and business development.