Katherine Bucaccio
The Bureau of Worker’s Compensation expects to commit at least $250 million to new value-added real estate strategies over the next few years, in addition to its recent $50 million commitment to RockBridge.
With the hire of Peter Fish, the financial services firm’s investment banking practice is planning to expand its private placements business.
Banks are becoming more active and more aggressive debt providers, but with impending regulations threatening to curb risky financing, the future of the lending landscape remains unclear.
The San Francisco-based investment manager has held a final close for its first commingled real estate fund.
The Orange County Employees Retirement System has committed $125 million to two real estate debt fund managers.
The Beverly Hills, California-based fund manager has held the final close on its latest bridge loan fund.
The $12.8 billion pension system will use the additional equity for its first investments in non-core property and real estate debt.
.jpg "Sacramento County commits to Euro debt")
The county retirement system has made its first European real estate debt investment, committing $50 million to DRC Capital’s second fund.
The pension system is considering at least five possible real estate debt funds for a $75m commitment.
The Washington, DC-based private equity giant has launched a new joint venture with investment adviser Canopy Investments.