Term Sheet: Fed’s rate review; Invesco’s ex-Nuveen senior hire; NYSTRS’ SL Green allocation

Federal Reserve chair Jerome Powell affirms a hold on interest rate changes as private real estate credit managers look for more stability; Invesco is bolstering client relations lines with the addition of Carly Tripp, former global CIO of Nuveen Real Estate; SL Green and a pair of other real estate debt fund runners pick up commitments from New York Teachers’ Retirement System allocation wave; and more in today’s Term Sheet, exclusively for our valued subscribers.