strategies

The pension fund’s plans involve committing to several debt and equity managers, and appointing a new investment consultant. 

Industry veteran Brad Cohen will be integral for risk management and identifying growth opportunities. 

But the implementation of Basel III regulations and sponsors that are increasingly comfortable with non-bank lenders will help keep the playing field level.

Joel Pecoy replaces Danielle D’Ambrosio in overseeing the Charlotte-based manager’s $25bn real estate debt portfolio.

The New York-based REIT receives capital commitment from an undisclosed Canadian institutional investor.

The manager could allocate up to approximately 25% of its sixth opportunistic fund toward real estate opportunities.

The commitment represents a new relationship for the $11bn San Diego retirement system. 

Five-property portfolio in Arizona comprises independent living, assisted living and memory care units for seniors.

The consortium of borrowers includes German institutional investors, developer SHVO and Deutsche Finance America.

The firm says scalability and sustainability are essential factors when it comes to underwriting where data is key.