Pension Fund

Sterling Organization’s retail fund becomes oversubscribed

The decline of the five-day commute has been a boon for suburban retail, according to the manager.

Pennybacker closes on fourth-largest real estate fund this year

The firm, which closed $100m over its target for Fund VI, is part of a growing percentage of managers beating their fundraising goals.

NPS forms a dedicated real estate platform investment team

The investor is looking to play a more active role in acquiring GP and operator stakes as well as co-creating real estate platforms.

Former Blackstone exec finishes debut fundraise in nine months

Town Lane, founded by Tyler Henritze, closed the fund at its hard-cap without the help of an IR team or placement agent.

Mineworkers’ Pension nears end of ‘difficult’ office sales

The UK pension fund is close to divesting all of its secondary office holdings as it looks to rebalance its overall real estate portfolio.

CPP Investments further reduced real estate holdings in FY 2024

The Canadian pension plan posted a 5% loss in the asset class, blaming the poor performance partly on rising interest rates.

Hot office debate: ‘Not a dirty word’ vs ‘no, no, no, no’

Industry executives agree on a positive outlook for US real estate, but not on whether the upswing will include the out-of-favor sector.

Patron Capital closes seventh opportunistic fund in ‘brutal’ market

Founder Keith Breslauer says most US investors were not interested in pursuing distress in Europe, perceiving a greater opportunity at home.

Deep Dive: Inside the LPAC

Seven influential investors share the most pressing issues they are discussing with their managers.

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.