Newsletter

Blueprint: JPMorgan’s net-lease windfall, data center backlash and more

In today’s edition, Days after Goldman Sachs announced a dedicated push into net-lease real estate, the asset management arm of fellow New York banking giant JPMorgan is preparing for a massive buying opportunity of its own. Find out more below. Elsewhere this week, managers grapple with rising opposition to data centers; Invesco looks to curb redemptions from its US core fund; Kennedy Wilson brings in a former CEO to boost its capital-raising efforts and more in this digest, exclusively for our valued subscribers.

Blueprint: NPS and CPP’s latest commitments, Machine’s oversubscribed distress fund and more

In today’s edition; Higher-risk strategies remain at the forefront this week as investors seek outsized returns after a market reset. Leading this week’s newsletter is Machine Investment Group, an emerging manager focused on distressed and special situations, which hit the hard-cap on its second flagship fund – the latest in a series of similar capital formation events this month. Elsewhere, global pension investors NPS and CPP Investments each reveal significant exposures to non-core real estate funds; manager Kennedy Wilson expands in Canada; a new trend emerges in manager M&A and more in this digest, exclusively for our valued subscribers.

Blueprint: Raith’s new record, Canyon’s return to equity, L+R’s expansion and more

In today’s edition, In a capital-constrained market environment, distributions from prior fund vintages have become an all-important metric in a manager’s track record. The latest example is Raith Capital Partners, which made the headlines this week after raising its largest property fund yet, fueled in part by the performance of its previous flagship vehicles. Get the details below. Meanwhile, we chat with UK real estate billionaire Ian Livingstone on his family office’s push into fund management; Canyon Partners closes its first US opportunity fund above-target; Brookfield and TPG chart their next series of property funds and more in this week’s digest, exclusively for our valued subscribers.

Blueprint: Blue Owl’s record net lease haul, Ares’ next US fund and more

In today’s edition, Capital is once again flowing into private real estate funds – at least for the industry’s biggest managers. Topping the headlines this week is Blue Owl, which rose to second on the most recent PERE 100 ranking and has shown no signs of slowing after raising a record fund focused on European net lease assets. Elsewhere, fellow top-five manager Ares reports fundraising momentum as it launches its next US vehicle; Cohen & Steers scores pension backing for a combination public-private fund; Davis Companies recruits a veteran capital raiser and more in this week’s digest, exclusively for our valued subscribers.

Blueprint: Apollo’s latest property fund; H1 investor allocations; MetLife’s capital-raising hire and more

Apollo Global Management’s latest real estate-focused capital raise tops the headlines this week, and we have exclusive details below on a first-time strategy targeting a hot subsector. Elsewhere, we uncover fresh allocation data in our latest Investor Report; Fifth Wall’s Brendan Wallace shares his views on real estate’s next frontier; Dutch pension bpfBOUW makes the first investment in an ambitious impact program; MetLife brings in a veteran capital raiser from LaSalle and more in this week’s digest, exclusively for our valued subscribers.

Blueprint: EQT’s return to resi; Stonepeak’s speedy close; Hines’ new APAC boss and more

EQT has frequently headlined this newsletter for its industrial fundraising prowess. But after pulling back on an expansion into multifamily last year, the firm is once again eyeing the living sector. Meanwhile, New York-based Stonepeak gets off to a flying start for its second fund, Townsend lines up a major secondaries haul, Hines shakes up its APAC and Middle East leadership and more in this week’s digest, exclusively for our valued subscribers.

Blueprint: Fundraising’s latest snag; Francois Trausch on AI; NBIM and La Caisse go indirect and more

A long-awaited fundraising rebound remained elusive for private real estate managers in the first half of the year, but that is not the only notable takeaway from our latest report. Get more details below. Meanwhile, we look at what the latest moves by Norway’s NBIM demonstrate about its changing strategy, Canada’s La Caisse reorients its US portfolio; PIMCO’s Francois Trausch discusses AI’s impact on real estate with PERE; and more in this week’s digest, exclusively for our valued subscribers. But first…

Blueprint: GPIF appoints real estate chief; our first-ever capital advisory ranking; REITs’ private funds push and more

Japan’s GPIF, a public pension giant and owner of a growing property portfolio, has seen significant changes in both its private markets and real estate leadership. We have the details below. Elsewhere this week, we reveal our first-ever ranking of the industry’s top placement agents; public REITs rush into private fundraising; UK managers mull the country’s direction and more in this digest, exclusively for our valued subscribers.

Blueprint: Kayne Anderson in $1.4bn real estate business exit; Greystar’s and TPG’s latest flagships; Hines’ Gulf JV, and more

Another manager-on-manager acquisition involving a major private real estate fundraiser tops the headlines this week as Bridgepoint Group acquires Kayne Anderson, and PERE can share today an exclusive interview with both firms’ chief executives. Elsewhere, managers Greystar and TPG Angelo Gordon rack up early commitments for the next vintages of long-running flagship fund series; Hines looks to deepen its Middle East ties and more in this week’s digest, exclusively for our valued subscribers.

Blueprint: Urban Partners’ regeneration windfall; an ESR departure; Affinius’ $1bn data center fund; and more

Co-investment schemes offering investors bespoke or flexible exposure to real estate funds continue to unlock capital for managers. This week, two such examples top the headlines: Urban Partners and Partners Group, which both announced large capital raises with comparable contributions to the main funds and various sidecars. Get all the details below. Elsewhere, Affinius Capital lines up $905m for its debut data center fund; a senior executive departs ESR Group; Warburg eyes another real estate privatization, and more in this week’s digest, exclusively for our valued subscribers.