The Business Press: Defaults, foreclosures loom on commercial real estate front

By Chris H. Sieroty  Contributing Writer As the collapse of the housing market in Inland Southern California slowly begins to stabilize, economists and real estate analysts are concerned that increased foreclosures in the commercial real estate market could prolong the region's efforts to recover from the current recession. The problem was expected to get worse … Continue reading The Business Press: Defaults, foreclosures loom on commercial real estate front

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Calpers raises private equity, venture allocation

By Chris H. Sieroty LOS ANGELES - The board of the California Public Employees' Retirement System, the nation's largest public pension fund, voted on Monday to let its investment staff increase the fund's asset allocation for private equity and venture capital investments and to reduce stock holdings. The board of Calpers voted to raise the … Continue reading Calpers raises private equity, venture allocation