Endowments

Steve Ballmer’s family office backs affordable housing funds  

The LA Clippers owner and ex-Microsoft CEO’s Ballmer Group has committed a total of $150m to Avanath and Vistria vehicles in hopes others will follow.

MSquared’s Glen: ‘We need to do things differently’ in affordable housing

The former NYC deputy mayor turned fund manager explains why mixed-income development strategies are a good match for private capital.

Why North Dakota’s investment board reduced its real estate allocation

A data center dilemma was at the core of the wealth fund’s decision.

The GI 100 grapples with shrinking allocations to real estate

PERE’s investor ranking sees its first-ever aggregate decline in property exposure as macroeconomic factors continue to weigh on values and sentiment.

For the Global Investor 100, the pain has yet to pass

For the first time on record, PERE’s global investor ranking contends with a decline in aggregate allocation to private real estate.

DOWNLOAD: Private real estate allocations fell for most investors in H1

In contrast to H1 2024, all but one institution type decreased their exposure to the asset class during the first half of the year.

Clifton Partners closes niche debut fund

The close represents a major milestone for Zain Fancy and his firm Clifton Partners, which was founded in 2011.

Japanese investors: US real estate still reigns, but Europe gains

At the PERE Tokyo Forum, property investors in the country say America remains their top choice despite some policy concerns.

The private real estate industry is on watch amid recession fears

The fallout from Trump’s tariffs policy threatens to further delay a real estate recovery, but not everyone expects a slowdown to occur.

Perspectives 2025: What investors want from real estate is changing

Investors’ top risk factors, favored sectors and performance expectations from private real estate are shifting as the industry finds a path to recovery.