Pension Fund

Blackstone raises $8bn for fifth debt fund, matching predecessor

The New York manager picked up large commitments from CalPERS and the UK’s Border to Coast Partnership in addition to other public pensions.

Australian Retirement Trust’s Lee: Managers will need ‘to have courage’

The Australian super fund’s head of real estate says his team will be asking their partners ‘challenging’ questions amid protracted market difficulties.

Oxford Properties’ green new deal

Tina Pristovsek and Hala El Akl of Oxford Properties explain why borrowers’ energy emissions data should be mission critical for lenders.

Private real estate executives are bullish on retail again

The once-overlooked category was back in the spotlight at the PERE Network’s America Forum.

VIDEO: Aware Super’s Moran to look at investing in Asia, US

The Australian super fund’s senior portfolio manager said the investor will focus on developing a strategy for the two regions over the next year.

GCM, Artemis-backed Brasa closes third opportunistic fund on $580m 

The firm, run by former AEW execs, targeted public pension investors via emerging manager programs.

CDPQ taps two industry veterans to run US, European real estate

Karen Horstmann, formerly of NBIM, and CBRE IM’s Christina Forrest have joined the Canadian pension as managing directors in New York and London, respectively.

Invesco Real Estate creates senior fundraising role in South Korea

Among the Atlanta-based manager’s South Korean investors is NPS, which committed $98m to its US value-add fund in 2022.

Australian Retirement Trust forms $1bn fund with Almanac

The partnership represents the Australian superannuation fund’s first strategy to focus solely on real estate operating companies.

Sculptor raises $3bn for fifth flagship fund, its largest ever

The manager also more than doubled the size of its non-traded REIT last year after pulling in another $270m.