CalPERS Commits $530 Million to Asia Real Estate Funds
Posted on 08/17/2012
According to the press release, “The California Public Employees’ Retirement System (CalPERS) today announced a $530 million investment commitment to two new real estate funds that will target investments in China. CalPERS will invest $480 million to the ARA Long Term Hold Fund sponsored by ARA Asset Management, a member of the Cheung Kong Group. […]
