trending Market Intelligence /marketintelligence/en/news-insights/trending/1hb259EQR_HLb5PxIP458Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

San Diego pension fund to invest $55M in MetLife open-ended fund

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


San Diego pension fund to invest $55M in MetLife open-ended fund

The San Diego City Employees' Retirement System is making a $55 million investment in MetLife Inc.'s open-ended Metlife Core Property Fund LP, IPE Real Assets reported, citing a board meeting report.

San Diego City Employees is making the initiative following the advice of its consultant, The Townsend Group, on the back of its support for the fund's strategy of investing in markets, such as Denver, Austin, Seattle, Charlotte and Phoenix, that see employment growth and higher cap rates, the publication noted.

The investment commitment will be funded using capital generated from the planned disposal of some remaining assets in a DWS-managed separate account, according to the Jan. 9 report.