With $500 Million Total Allocation From CalPERS, Nuveen Underscores Commitment to Preserve Affordable Housing and Build Resilient Communities
With $500 Million Total Allocation From CalPERS, Nuveen Underscores Commitment to Preserve Affordable Housing and Build Resilient Communities
Nuveen is one of the nation's largest, vertically-integrated institutional managers of affordable housing. The firm's U.S. affordable housing platform seeks to generate strong risk-adjusted returns and build resilience among communities in the U.S. through access to safe, quality affordable housing. In total, Nuveen's portfolio currently comprises over 32,000 housing units across the U.S., valued at over NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Nuveen, the investment manager of TIAA, announced today that CalPERS, California's public sector pension and health benefits agency, is expanding its commitment to Nuveen Real Estate's affordable housing strategy with an additional $400 million allocation.
纽约，2024年11月20日/PRNewswire/ -- TIAA的投资管理公司Nuveen今天宣布，加州公共部门养老和健康福利机构CalPERS正在增加对Nuveen房地产业可负担住房策略的承诺，额外分配40000万美元。
This second allocation of $400 million is made to a separately managed account (SMA) focused on affordable housing and follows the June 2024 announcement of CalPERS' $100 million investment in the Nuveen Real Estate U.S. Affordable Housing Fund, bringing CalPERS' total commitment to the strategy to $500 million.
这一第二笔40000万美元的分配是针对一个专门管理的账户(SMA)，专注于可负担住房，并且是跟随2024年6月CalPERS对Nuveen房地产业美国可负担住房基金的10000万美元投资的宣布，这使得CalPERS对该策略的总承诺达到50000万美元。
"The lack of affordable housing has been a multi-decade crisis in the U.S. We are grateful for CalPERS' continued commitment to our affordable housing strategy as we seek to support a broad range of social benefits for communities and to generate steady, accretive returns," said Pamela West, Portfolio Manager for Impact Investing, Nuveen Real Estate. "This investment will preserve access to safe and deeply affordable housing while making environmentally sustainable improvements."
"在美国，可负担住房的不足已经成为一个多年的危机。我们感谢CalPERS对我们可负担住房策略的持续承诺，因为我们希望支持社区的广泛社会利益，并创造稳定的、增值的回报，"Nuveen房地产业影响投资投资组合经理Pamela West说。"这项投资将保持对安全且深度可负担住房的访问，同时进行环保可持续改善。"
Nuveen is one of the nation's largest, vertically-integrated institutional managers of affordable housing. The firm's U.S. affordable housing platform seeks to generate strong risk-adjusted returns and build resilience among communities in the U.S. through access to safe, quality affordable housing. In total, Nuveen's portfolio currently comprises over 32,000 housing units across the U.S., valued at over $6 billion.
Nuveen是美国最大的垂直整合可负担住房机构之一。该公司的美国可负担住房平台旨在创造强大的风险调整回报，并通过提供安全、高质量的可负担住房来增强美国社区的韧性。目前，Nuveen的投资组合包含超过32000个住房单位，价值超过60亿美元。
The largest defined-benefit public pension in the U.S., CalPERS serves more than 2 million members in its retirement system and administers benefits for more than 1.5 million members and their families in its health program.
作为美国最大的确定福利公共养老金，CalPERS为其养老系统中的超过200万会员提供服务，并为其健康计划中的超过150万会员及其家庭管理福利。
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About Nuveen
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 30 Sept 2024 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit .
关于Nuveen
Nuveen，TIAA的投资管理公司，提供全面的以结果为导向的投资解决方案，旨在保障机构和个人投资者的长期财务目标。截止至2024年9月30日，Nuveen的管理资产达到1.3万亿，业务遍及27个国家。其投资专业人员在各种传统和另类投资领域提供深厚的专业知识，凭借多样化的工具和定制化的策略提供服务。欲了解更多信息，请访问。
SOURCE Nuveen
来源：Nuveen
