CalPERS Gives Out $2.65 Billion to Real Estate and Credit Managers

Posted on 09/15/2014

The California Public Employees’ Retirement System (CalPERS) committed US$ 600 million toward two real estate partnerships. CalPERS added US$ 200 million to Palo Alto-based Pacific Urban Residential, a joint venture partner to the multi-family real estate partnership called Pacific Multifamily Investors. CalPERS first invested in the partnership on January 17, 2014, committing US$ 200 million. […]

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