Sector Investment 3h Briefing
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Last updated: March 20, 2026, 3:30 PM ET
Real Estate Capital Shifts
The Chicago public pension fund has issued an RFP seeking external real estate investment managers for non-core strategies, signaling fresh capital deployment intentions. This move comes as reports from MIPIM suggest that capital returning to private real estate is diverging sharply from traditional allocation channels, meaning proceeds from recent sales are not necessarily flowing back into the same managers or asset classes from which they originated.