Christie Ou
The quarter brought in just $30.74bn of capital from funds closed, meaning Q1-Q3 2026 fundraising equates to little more than half of 2025's full-year total.
The manager plans to build a long-term logistics real estate and data center platform across the Gulf, starting with Saudi Arabia and the UAE.
The Canadian pension's entry into the market was supported by deepening capital markets and travel tailwinds, says country head Hari Krishna.
The $75m commitment builds on the first close for the fund in June, which raised $300m from Dutch investors APG Asset Management and Bouwinvest.
With commitments from NPS and its own life insurance business, the $700m fund is the UK asset manager's first value-add commingled offering in the region.
One investor’s search for closed-end, diversified funds in the region offering core-plus returns highlights a gap in the market.
The pension fund sees less correlation to geopolitical shocks, lower borrowing costs and broader sector choice compared with the US and Europe.
The same KOSPI surge that squeezed liquidity at mutual aids has handed public pensions a chance to boost their alternatives exposure.
The vehicle, which includes a Japan-only sleeve aimed at domestic investors, is targeting returns of 10-12%.
The $218m vehicle beat its target size and attracted significantly more capital than its predecessor.










