The ISK 42 billion pension fund has not yet resumed investments in the private equity real estate market. The pension fund's investments were on-hold for the whole of 2009 as it was prohibited from using the pension fund's capital for international investments due to the economic downturn. It is unsure as to when it will resume its real estate investments at this point. It had initially expected to continue investing through fund of funds when it resumed its investment program, but this will be decided nearer the time of its return, when the pension fund will examine the situation and make the most appropriate choices.
More information on private equity real estate investors is available on Preqin's online product, Real Estate Online.