Sector Investment 8-Hour Briefing
×Last updated: March 13, 2026, 6:31 PM ET
Pension & Infrastructure Investment
The California-based California Municipal Employees' Retirement System has issued an RFP for investment consulting services, seeking to enhance its $55 billion infrastructure portfolio through strategic advisory partnerships. Meanwhile, Savills' $921 million acquisition of Eastdil Secured will expand its capabilities with minimal redundancy, giving the UK-based real estate services firm greater exposure to the US market and accelerating its ambition to offer clients investment banking services across commercial property transactions.
Real Estate & Private Markets
The Savills-Eastdil deal represents a significant consolidation in commercial real estate services, with the combined entity expected to capture 15% of the US investment sales market within three years. This strategic move comes as institutional investors continue deploying capital into property markets, with pension funds and sovereign wealth funds collectively allocating over $200 billion to real estate and infrastructure assets globally in the first quarter, driven by yield-seeking strategies amid persistent inflation concerns.