Pension Fund

Pretium takes ‘follow the U-Haul’ approach to oversubscribed sixth flagship fund

The New York-based housing specialist’s fund was backed mostly by US investors, including the Virginia Retirement System.

PGIM to invest $1bn in Australian RE debt within two years

Before launching a dedicated fund, the firm has deployed over A$5bn in Australia across real estate debt and equity since 2011.

Starwood nears halfway mark for Fund XIII capital raise

The Miami-based firm is expected to complete a rolling first close for the opportunistic vehicle later this year.

STRS Ohio eyes up to five real estate commitments

The pension plan is targeting ‘niche-type products’ from experienced managers with a ‘strong sourcing network.’

GPIF boosted its real estate AUM by 27% in fiscal year 2023

The pension fund committed $1bn to overseas direct real estate funds within six months last year.

Macquarie targets distress, decarbonization with new fund

The asset manager raised 60% of the commitments for its latest opportunistic real estate vehicle from new investors.

Deep Dive: Canada’s Maple 8 hit an inflection point

The country’s biggest pension plans are undergoing significant changes that could have wider implications for their real estate investment activity.

Meadow Partners closes Fund VI with revised investment focus 

The New York- and London-based manager has reduced the fund’s target deal size as a reflection of where it sees distress emerging.

Greystar and ABP kick off €1.2bn housing joint venture

The venture between the US manager and the Netherlands’ biggest pension has made an initial investment in Leiden, Netherlands.

Investors are still taking chances on new manager relationships

Even during a fundraising slump, one of the world’s largest capital allocators just demonstrated institutions will make bets for the right firm and strategy.