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CALPERS purchases one-third interest in Bentall Kennedy

The California Public Employees' Retirement System has become a one-third owner in Bentall Kennedy, one of North America's largest real estate investment advisors.

By Andy Stonehouse | Updated on June 27, 2012

The California Public Employees’ Retirement System (CalPERS) has become a one-third owner in Bentall Kennedy, one of North America’s largest real estate investment advisors, it was announced today.

“Bentall Kennedy has a track record of fiduciary excellence and is a global leader in environmental, social and governance practices,” said Rob Feckner, President of the CalPERS Board of Administration. “This relationship will allow our real estate team to further expand on trends and opportunities in real estate investment and management.”

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