Sector Investment 24-Hour Briefing

Real Estate Investment

LADWP plans to deploy $500 million in real estate this year to increase exposure to the asset class. ART will double its real estate program over the next five years across the US and Europe. Hongkong Land has appointed a former APG head of APAC real estate to oversee its Hong Kong portfolio.

Infrastructure & Healthcare

OMERS faces performance challenges from Europe and renewables investments. Norway's sovereign wealth fund reported infrastructure returns of 18.1 percent. Ascend Capital closed its second fund with $791 million in commitments, exceeding its $700 million target.