| Investment |
Net
Assets at Cost |
Net
Assets at Fair Market Value |
| |
|
|
|
|
| |
|
|
| A
& D - Cal-Land Asset Partners, LP (1) |
21,537,177.27 |
21,537,177.27 |
| A
& D - Hearthstone A & D Partners, LP (1) |
(369,970.00) |
(369,970.00) |
| A
& D - IHP Investment Fund II, LP (1) |
10,483,221.00
|
10,483,221.00 |
| A
& D - M/W Housing Partners, LP (1) |
100,182.00 |
100,182.00 |
| A
& D - ORA A&D Associates, LP (1) |
53.84 |
53.84 |
| A
& D - PICAL Housing Partners II, LP (1) |
4,393,377.41 |
4,393,377.41 |
| A
& D - Residential RE Partners II, LP (1) |
27,568.00 |
27,568.00 |
| AEW
Senior Housing |
52,797,295.00 |
53,332,647.00 |
| Bridge
Housing |
12,305,123.83 |
12,305,123.83 |
| Buchanan |
24,352,121.85 |
24,352,121.85 |
| CalSmart
(RREEF) |
30,693,932.00
|
30,693,932.00
|
| Capri
Capital |
3,008,090.17
|
3,008,090.17
|
| Catellus
Development Corporation (2) |
125,173,522.70
|
165,594,193.16 |
| CIM
California Urban Real Estate Fund |
2,216,651.00
|
2,216,651.00
|
| CVE
Affordable Housing (3) |
30,218,848.84
|
30,226,442.59
|
| Development
- Kennedy Associates |
65,049,257.00
|
65,049,257.00
|
| Franchise
Finance - CNL |
111,017,671.00
|
135,585,418.00
|
| GIP,
Global Innovation Technology |
76,351,160.49
|
62,101,160.49
|
| Mortgages
- CNL |
3,036,785.98
|
3,036,785.98
|
| Hotel
- CWP (SOLD) |
0.00 |
0.00 |
| Institutional
Housing - Fund IV |
9,959,620.00
|
9,959,620.00
|
| International
- Security Capital |
79,178,332.00
|
79,390,000.00
|
| Land
- Hines |
(5,728.00)
|
(5,728.00)
|
| National
- Hearthstone MSII Homebuilding Investors, LLC (1) |
17,196,651.00
|
17,196,651.00
|
| National
- IHP Investment Fund III, LP (1) |
145,978,689.00
|
145,978,689.00
|
| National
- MW Housing Partners II, L.P (1) |
12,484,512.01
|
12,484,512.01
|
| National-
MW Housing Partners III, L.P. (1) |
30,866,575.43
|
30,866,575.43
|
| National
- Newland Asset Partners, LP (1) |
124,317,360.72
|
124,317,360.72
|
| National
- Olympic Associates, LP (1) |
53,645,786.04
|
53,645,786.04
|
| National
- Residential Real Estate Partners III, LLC (1) |
29,876,359.00
|
29,876,359.00
|
| National
- WFHAI Housing Fund I & II, L.P (1) |
16,339,917.00
|
16,339,917.00
|
| NetLoop.Com
(Propertyfirst.Com) (3) |
1,400,000.00
|
67,156.00
|
| Remainderman |
1,000,000.00
|
1,000,000.00
|
| Shattuck
Hammond |
101,103.85
|
101,103.85
|
| SF
Housing - Hearthstone Housing Ptrs., LP (1) |
695,684.00
|
695,684.00
|
| SF
Housing - IHP Investment Fund I, LP (1) |
130,350,509.00
|
130,350,509.00
|
| SF
Housing - PICal Housing Assoc., LP (1) |
9,574,959.81
|
9,574,959.81
|
| SF
Housing - Residential RE Partners, LP (1) |
(2,145,151.00)
|
(2,145,151.00)
|
| Timberland
- GetCo |
711,163,881.00
|
684,532,150.00
|
| Timberland
- US Brinson |
48,088,519.09 |
48,088,519.09 |
| Timberland
- Lincoln Timber Co. |
427,429,057.03
|
406,563,017.43
|
| Urban
Retail (CUIP) - JMP |
65,389,297.00
|
69,634,395.00
|
|
|
|
| Total |
$2,485,278,003.36 |
$2,492,185,517.97 |
|
|
|
| |
|
|
| (1)
Represents CalPERS' Capital Balance. |
|
|
| (2)
Fair market value is based upon stock price. |
|
|
| (3)
Privately held, fair market value is based upon purchase price. |
|
|
| Note:
Totals may be off due to rounding |
|
|
| Sources
of information: Advisor performance reports, State Street (public investments) |
|
|
| |
|
|
| Differences
in amounts contained in this schedule of the Annual Investment Report
and amounts contained in the Total Investment Value of Securities, Total
Investments, Summary of Securities Owned, and other sections of the
Consolidated Audited Financial Report (CAFR) are due to differences
in reporting methods. The Annual Investment Report contains recent information
from the Real Estate managers\advisors while the CAFR contains accruals
used at fiscal year-end because actual amounts were not available at
the time of the audit and were estimated. |
