NYSTRS plans up to $700m for commercial real estate debt

NYSTRS plans up to $700m for commercial real estate debt

New York State Teachers Retirement System is expected to make between $350m to $700m of commercial real estate debt net investment for the next five years in order to reach a 6% allocation target for the asset class. The pension fund disclosed in a meeting document...
KKR Vies With Cellnex for $14bn Vodafone Tower Arm

KKR Vies With Cellnex for $14bn Vodafone Tower Arm

KKR & Co. is seen as the party to beat as it competes with Cellnex Telecom SA in the final race for a stake in Vodafone Group Plc’s towers unit, people with knowledge of the matter said. The private equity firm, which has teamed up with Global Infrastructure...