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Access here alternative investment news about Calpers Seeks 'transitional' Real Estate Managers For Office Investments  | News | Ipe Ra
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Calpers Seeks 'transitional' Real Estate Managers For Office Investments | News | Ipe Ra

by realassets.ipe.com posted 4months ago 23 views
CalPERS is searching for transitional separate account real estate managers to allocate up to $400m. : California Public Employees Retirement System (CalPERS) is searching for “transitional” real estate fund managers to invest up to $400m (€344m) of separate-account capital. CalPERS defines transitional managers as those that are no longer “emerging” and have already raised capital for at least three institutional funds or separate accounts. The $351bn pension fund told IPE Real Assets that it is targeting managers that have “demonstrated early-stage success and are transitioning from small entrepreneurial platforms to established asset manager firms”.

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