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CalPERS On-Line
Real Estate Consultants and Other Fees Report
  Real Estate Partners Asset Management Fees Net Assets
Managed at Fair Value
Fees
(Dollars in Thousands)
  301 Capitol Mall $-2,192 $674
  Aetos Capital Asia 252,127 6,404
  AEW Capital Management 106,046 1,995
  AGI - TMG Housing Partners, LLC 2,036 1,125
  American Value Partners 11,888 1,476
  Apollo Real Estate Advisers 103,433 1,400
  ARA Asia Dragon Limited 70,936 5,297
  Black Bear, LTD 151,396 2,921
  Bridge Urban Infill 61,825 323
  Buchanan Street Advisors, LP 315,208 2,430
  Caleast La Salle 3,749,018 21,994
  California Smart Growth Fund IV 42,866 1,254
  Calsmart LLC 284,961 1,973
  Calwest RREEF 325,236 1,776
  Capmark Structured Real Estate Partners 52,002 905
  Capri Capital Management 170,416 2,076
  CBRE Strategic Partners 96,281 3,668
  CIM Urban Fund Gp, LLC 857,465 15,307
  CityView America Fund I, LLC 189,545 3,761
  CVE Affordable Housing 0 1
  CWP - Bishop Square 152,048 881
  DB International Fund 49,718 781
  Fifth Street Properties CWP 103,969 3,361
  Fillmore East Fund 71,113 724
  Fortress Investment Fund 253,104 3,124
  GI Partners Fund II 498,123 713
  Global Retail Investors, LLC 107,226 297
  Guggenheim 156,671 1,022
  Hampshire 29,804 1,142
  Harbert European 16,787 1,125
  Hearthstone Housing Partners 185,673 1,871
  Hines National Office Partnership - includes Int'l 301,807 7,786
  Hollywood Park Coinvestment 89,227 309
  IHP 503,249 12,174
  IL & FS India 94,473 2,885
  Institutional Housing Partners 99,545 511
  Institutional Mall Investors, LLC 2,206,108 10,486
  Integral Urban 18,856 750
  IXIS AEW Euro Ppty Investors 90,274 580
  JER Europe Fund III 93,970 761
  Johnson Macfarland Partners 550,736 8,116
  Karec CA Development 88,579 942
  Kennedy Wilson 46,480 315
  KSC 36,421 486
  La Salle 65,875 5,038
  Lowe Resort Community Fund 7,658 158
  Market Street Capital Partners 23,415 981
  Meriweather Farms 72,838 1,074
  MGP 182,300 2,699
  MW -380,452 10,792
  National Office Partners 981,231 7,477
  Next Block Medical I 49,711 937
  Niam Nordic Fund 67,219 589
  Olson Urban Housing LLC -4,231 80
  Ora Residential Investments 29,376 6,426
  Pacific City Homes (PCH) 197,164 5,817
  Pacific Vinyard 98,243 1,144
  Page Mill Properties 69,862 1,416
  PLA 97,299 3,094
  PRECO 67,950 573
  Principle Mortgage Value Investors Fund 71,440 1,249
  RE Senior Housing SHP 185,681 2,518
  Rockpoint Group, LLC 46,211 1,571
  RREEF GBL Opportunity Fund 191,710 5,060
  San Diego Smart Growth 12,655 696
  Savanna Real Estate Fund 13,551 937
  SDL Hospitality 179,094 414
  Secure Capital - Japan 420,151 4,312
  Senior Housing UK II, LP 5,344 12
  Shea (Capital/Mountain) -292,156 5,191
  Starwood Capital Hospitality Fund I 183,292 1,499
  Stockbridge Real Estate 24,701 742
  Strategic Capital Partners, LLC 40,279 750
  Sun Appolo India Real Estate Fund 12,889 719
  Urban America, LP 38,770 1,250
  Western Multifamily 2,979,308 13,386
  WFHAI Housing Fund LP 53,936 850
  Windsor Realty 184,130 1,934
  Xander 163,468 3,727
Total Real Estate Partners Asset Management Fees $18,824,366 $233,014
     
Real Estate Partners Incentive Fees   $121,444
     
Credit Enhancement Program   $281
     
AIM Distributed Stock Management Fees   $1,241
     
Internal Mortgage Loan Fees   $1,222
     
Total Real Estate Partners, AIM, Mortgages & CEP   $357,202
Other Investment Consultants    
Consultant Fees Fees
(Dollars in Thousands)
  Altman Group Inc. $30
  Altura Capital Group 3
  American Stock Exchange 6
  Audit Integrity 17
  Axioma Inc 101
  Bard Consulting 224
  Barra Inc. 509
  Barra Leslie Ciminello 734
  BCA Publications 150
  Blackrock Financial Management, Inc. 5,244
  Blomquist & Company 4
  Bloomberg LP 1,113
  Brock Capital Group LLC 534
  Callan 340
  Cambridge Associates 72
  Charles River Development 151
  Chicago Board Options 3
  Corporate Library LLC 133
  Courtland Partners, LTD 211
  Covenant Review 25
  Creditsights 128
  CRSP - Univ. of Chicago Graduate School of Business 16
  Depository Trust & Clearing Corp 155
  Dow Jones 16
  Edgar Online Inc 11
  EFI Acturaries 230
  Enclipse 135
  Equilar Inc. 15
  European Private Equity & Venture Capita Assoc. 9
  Evestment Alliance LLC 25
  Factset Research Systems 1,124
  Fan Asset Management 15
  FAO: MBSCC 3
  Fideron Financial Services Group 5
  Financial Engines Advisor LLC 125
  Fitch Training 64
  FTSE International Ltd 10
  FX Alliance 15
  Garland Associates, Inc. 58
  Glass Lewis & Co. LLC 482
  Hamilton Lane Advisors 188
  Houlihan Lokey Howard & Zukin Fin. Adv. Inc 300
  Informa 1
  Insignias 243
  Institute of International Finance 43
  Institutional Shareholder Services 187
  International Strategy & Investment Group 75
  Intex Solutions 56
  Intuit Real Estate Solutions 2,050
  IVES Group 25
  Ivy Planning Group LLC 7
  JDM Associates LLC 50
  Kearnford Applications System Design 181
  Kiefer Consulting 35
  KLD Research & Analytics 4
  Korn/Ferry 280
  KPA Advisory Services 5
  Labaton & Sucharow LLP 3,151
  Lan Do & Assoc. 50
  Le Plastrier Consulting Group, Inc 1,186
  LexisNexis 20
  Lipper Inc. 19
  Logical Information Machines 22
  London Stock Exchange 4
  LP Capital Advisors 3,565
  Mathworks Inc. 36
  Mcube Investment Technologies 74
  Mellon Investor Services 83
  Mercer Investnment Consulting 580
  Millenium Biltmore Hotel 75
  Moody's Anallytics 331
  Mosaic Investment Advisors 265
  Northfield Information Services 10
  NYSE Market 80
  Omega 104
  Org Portfolio Management LLC 60
  Oxford Analyticia 38
  Pacific Community Ventures 318
  Pacific Corporate Group LLC 1,710
  Parent Contract/AIM Vendor Pool 248
  Parent Invt Diversity Consultant 213
  Parent Invt RE/Special Project 685
  PCA Real Estate Advisors 713
  Pension Consulting Alliance, Inc 958
  Plexus Group 25
  Principal Global Investors 580
  Property & Portfolio Research Inc 117
  Propoint 416
  Pyramid Technical Consultants, LLC 223
  Quantan Internationa 45
  Quantatative Research Group 210
  Quantstar Company LLC 31
  R & G Associates, Inc 255
  R.V. Kuhns & Associates, Inc 323
  R.W. Davis & Co (DBA RWD Exec Research Tool) 70
  Realm Business Solutions 7
  Richards & Tierney Inc. 111
  Risk Metrics Grp/Institutional Sharehold 99
  Robert E. Ginis DBA GP Analytics 240
  Runyon, Saltzman & Einhorn Inc 50
  Russell Onvestment Group 79
  Sapphire Technologies, Inc. 19
  Schweser/Kaplan CPA EDU 269
  Situs Realty Services 15
  Softsol Resources, Inc. 476
  Standard & Poor's 697
  State Street - Private Edge 994
  Stealth Network Communication 108
  Strategic Economic Decisions 15
  Strategic Investment Solutions, Inc. 597
  Super Derivatives 20
  Themarkets.com 42
  Thomson Financial 325
  TSX Group 2
  Westwood Consulting Group 9
  Wilcox Miller & Nelson/Scientific Digital 4,662
  Yardi Systems 31
  Yield Book Inc. 63
  Zephyr Associates 25
Total Consultant Fees   $41,823

 

Attorneys & Master Custodian Fees
(Dollars in Thousands)
  Berman DeValerio Pease Tabacco Burt & Pucillo 30
  Chapman and Cutler LLP 316
  Christensen, Miller, Fink, Jacobs, Glaser, Weil & Shapiro, LLP 162
  Covington & Burling 96
  Cox, Castle & Nicholson, LLP 613
  Felderstein, Willoughby, Pascuzzi, LLP 120
  Foster, Pepper & Shefelman PLLC 71
  McDonough, Holland, & Allen 246
  Morgan Lewis 579
  Murphy, Austin, Adams & Schoenfeld LLP 589
  Nossaman, Gubther, Knox & Elli 2
  Paul, Hastings, Janofsky & Walker 67
  Pillsbury Winthrop 3,147
  Preston, Gates & Ellis 531
  State Street Bank and Trust Company 3,852
Total Attorney & Master Custodian Fees   $10,421
     
Total Other Investment Consultants   $52,244
     
Miscellaneous Investment Expense   $70,961
     
Directed Brokerage Expense   $1,083
     
Total Investment Expenses - PERF   $639,224
Total Investment Expenses Other Funds   Fees
(Dollars in Thousands)
Brown Capital Management - IRC 457    
CalPERS Management Services - IRC 457    
CitiStreet - IRC 457    
Calif. Dept. of Personnel Admin. - IRC 457    
State Street Global Advisors - SPOFF    
Total Investment Expenses - All Funds   $639,224