Pension Fund

Deep Dive: Why 2024 looks bright for the sector-specialists

While the largest diversified funds still rule the pack, capital is increasingly flowing to vehicles with a singular investment focus.

Malaysia’s KWAP to double real estate AUM by 2025

In addition to expanding into non-core strategies, the investor is planning to increase its pool of real estate funds from five to 15 by 2025.

Three essential things to know about CalSTRS’ Mike DiRe

The following tidbits give a further glimpse into the character of one of the best-known investor names in private real estate.

Investors pivot from Asia to the West for higher returns

Hong Kong’s AIA, Malaysia’s KWAP and Employees Retirement System of Texas are among those looking to prioritize opportunities in the US.

Mike DiRe wants you to ‘challenge the way you invest’

CalSTRS’ head of private markets pushed for big changes during his 20-plus years at one of the world’s largest property investors. He is not done pushing yet.

ESR targets $5bn for Korea’s first open-end core logistics fund

The Hong Kong-based firm has received an initial commitment of more than $400m from an anchor investor in the fund.

DOWNLOAD: Investor appetite for private real estate remains robust for 2024

Although 38% of investors were overallocated to the asset class in 2023, only 27% plan to invest less capital this year.

Investor appetite helps real estate turn the corner

The outlook for 2024 stands in stark contrast to 2023 as institutional appetite for real estate picks up, says James Jacobs, head of real assets for Lazard’s private capital advisory group.

Perspectives 2024: What investors think about private real estate

Investors are hurting from the poor performance of real estate, but this has not diminished their appetite for fresh investments.

Sienna IM launches consulting business for Korea’s troubled asset owners

The new platform is intended to help mitigate miscommunication issues that led to unintended forced sales of properties.