GM Plan Seeks to Unload Woodfield Mall, CalPERS Interested
Posted on 11/13/2012
The pension plan of General Motors Co. is currently in the process of divesting large swaths of real assets including private equity interests and properties. The US$ 94 billion plan is shedding illiquid assets as it transferred certain salaried retiree benefit obligations in the approximate amount of US$ 26 billion to the Prudential Insurance Company […]
