Our cover story this week deals with the Dallas Police & Fire Pension System, the owners of the much-argued-about Museum Tower project in the Arts District. In researching the story, we obtained a draft of the fund's 2011 annual report, which hasn't been released yet. It shows that although the pens ... More >>
Museum Tower isn't the only troubled real-estate deal that the pension fund has gone all in on. But so far, only its investment advisers are winning big.