Sovereign Funds Get Exposure to Old CalPERS Real Estate Funds

Posted on 11/20/2015


The California Public Employees’ Retirement System (CalPERS) recently sold a US$ 3 billion portfolio of 43 real estate fund stakes to the Blackstone Group. As CalPERS begins consolidating real estate and private equity managers, secondary firms are scooping up interests. The Blackstone entity that acquired the interest was the Strategic Partners Fund Solutions, a platform […]

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