Meredith Despins, Nareit’s senior vice president for investment affairs & investor education, delivered a presentation about real assets and real estate on August 4 at a pension trustee educational program presented by U.C. Berkeley’s Haas School of Business and the California State Association of County Retirement Systems (SACRS). Despins shared information on how REITs are positioned in the current market; opportunities and challenges across property sectors; and how REIT-based real estate investment provides investors with the flexibility to effectively manage risk, build value, and position portfolios to capitalize on opportunities across the real estate investment spectrum. The presentation was attended by more than 30 trustees representing county retirement systems from across California.
The presentation was part of the California State Association of County Retirement Systems (SACRS) Virtual Public Pension Investment Management Program. SACRS represents 20 independent county retirement systems in California with combined pension and retirement system assets in excess of $110 billion. The SACRS Program, now in its 10th year, is presented in partnership with UC Berkeley and is designed to provide SACRS members with a focused opportunity to gain investment knowledge on current, successful investment models and strategies from an academic point of view. This year’s program, titled Modern Investment Theory & Practice for Retirement Systems, covered a wide range of educational content for both new and experienced trustees.
(Contact: Meredith Despins at mdespins@nareit.com)