PSP Investments plans to make more fund commitments in its real estate portfolio while seeking to reduce its manager roster. The Canadian pension fund aims to increase its use of external funds as part of its investment strategy, even as it works to streamline the number of managers it works with. This approach reflects a broader trend among institutional investors to gain exposure through specialized funds while maintaining oversight.
PSP’s strategy focuses on balancing allocation efficiency with manager selection, emphasizing fund-based access to real estate opportunities. The move comes amid evolving market conditions and a continued focus on performance and cost efficiency in private real estate investing.
Source: Real Estate Investor · Summarized by HeadlinesBriefing