Calpers to invest $1 billion in Asian property
The US pension fund commits $500 million to ARA Asia Dragon Fund and allocates an additional $500 million for co-investment opportunities.
California Public EmployeesÆ Retirement System (Calpers), the biggest pension fund in the United States, has set aside $1 billion for investments in Asian real estate, raising its allocation to the regionÆs property sector by 50% to $3 billion.Calpers has committed $500 million to ARA Asia Dragon Fund, a new fund that focuses on property opportunities in this region. The pension fund has also allocated $500 million for potential co-investment opportunities in private real estate with …
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.