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NEWS

Paul Hastings Advised Nuveen in Connection with CalPERS’s Investment in Nuveen Real Estate U.S. Affordable Housing Fund

June 12, 2024

Paul Hastings LLP advised Nuveen, the $1.1 trillion asset manager of TIAA, in connection with an investment in the Nuveen Real Estate U.S. Affordable Housing Fund by CalPERS, California’s public sector pension and health benefits agency.

Launched in 2023, Nuveen’s U.S. Affordable Housing Fund seeks to generate strong risk-adjusted returns and build resilience among communities in the U.S. through access to safe, quality affordable housing.

Co-chair of the Investment Funds and Private Capital Practice Josh Sternoff led the Paul Hastings team, which also included funds associates Peter Keffer and Aaliyah Milson.

More details on the transaction can be found here.

About Paul Hastings

With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.

Practice Areas

Investment Funds & Private Capital


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