The Chicago-based manager’s latest real estate debt fund carries the same strategy as its predecessor, but the lower return targets are a function of the late cycle, PERE has learned from a source.
2 min read · 26 February 2020
Private real estate fundraising ended 2019 on a sour note, with managers closing just $14.5 billion in the last three months of the year.
2 min read · 10 January 2020
The real estate lender is charging a 1.5% management fee, according to Arkansas pension fund documents.
2 min read · 01 October 2019
As private real estate fund market consolidates, the New York manager continues to be the destination of choice for institutional capital
5 min read · 13 September 2019
Bain Capital is the latest manager to target non-performing real estate loans, a strategy that has been attractive to institutional investors.
3 min read · 14 August 2019
The Dallas-based firm rolled over uncalled capital from a predecessor vehicle to help close on $4.7bn for Lone Star Real Estate Fund VI.
2 min read · 26 June 2019
The California-based firm secured commitments from a variety of global investors.
3 min read · 17 June 2019
Private real estate debt funds need to prove their value to investors in a more crowded and competitive market.
8 min read · 09 April 2019
Targeting a smaller vehicle goes against the trend of firms able to raise successively larger funds. There are benefits – and risks – in doing so.
8 min read · 06 March 2019
The New Mexico sovereign wealth fund has invested $242m in the Los Angeles-based manager’s vehicles since 2014.
3 min read · 23 January 2019