Ron Kumar News Today

MUMBAI, India--(BUSINESS WIRE)--Sep 11, 2023--

San Jose Police & Fire earmarks $19 million for real estate fund San Jose (Calif.) Police & Fire Department Retirement Plan committed $19 million to Clarion Lion Industrial Trust. The $4.1 billion pension fund closed the commitment to the open-end core real estate fund managed by Clarion Partners on Jan. 4, according to materials for its boards upcoming Feb. 4 meeting. The pension fund is currently invested in the managers Clarion Lion Properties Fund. The portfolio had $80 million in assets i...

San Jose Federated commits $11 million to real estate fund San Jose (Calif.) Federated City Employees Retirement System committed $11 million to Clarion Lion Industrial Trust. The $2.5 billion pension fund closed the commitment to the open-end core real estate fund managed by Clarion Partners on Jan. 4, according to materials for its boards upcoming Jan. 21 meeting. The pension fund is currently invested in the managers Clarion Lion Properties Fund, said Ron Kumar, investment operations supervi...

San Jose Federated finds favor with distressed debt fund San Jose (Calif.) Federated City Employees Retirement System committed $8 million to HPS Special Situations Opportunity Fund. The $2.5 billion pension funds commitment to the distressed debt fund managed by HPS Investment Partners was disclosed in a memo included with Dec. 17 board meeting materials. As of Sept. 30, the actual allocation to private markets was 21.4%; the target is 21%. Ron Kumar, investment operations supervisor, could ...