News

L&G names global co-heads of real assets, bolstering its global ambitions

The UK firm picked the executives from a recently acquired US-based firm.

New Mexico SIC seeks more exposure to state’s affordable housing

The $70bn sovereign wealth fund has engaged with manager Fairfield Residential on ways to address the local affordability crisis.

What a pullback on Saudi mega-projects means for GCC real estate

The PERE Podcast highlights the Middle East’s rise as a destination for global real estate capital and the region’s shifting market dynamics, with insights from Sousou Partners’ Ghada Sousou.

Like institutional investors, family offices are banding together 

Private wealth investors are pooling resources and pursuing more club deals to benefit from scale and shared expertise.

Aware Super’s Damien Webb to become chief investment officer at Brighter Super

The A$36bn Queensland-based superannuation fund is turning to an experienced global investor who wants to sharpen its use of technology to drive performance.

ABP plans additional partnerships to meet €5bn Dutch housing goal

The Dutch pension fund has committed a further €550m to its mandate with CBRE IM to build affordable homes in its domestic market.

Stoneshield holds €400m first close for fourth opportunity fund

The manager has secured 40% of its capital target within two months of launching the Southern Europe-focused fund.

APG and QIA anchor Hongkong Land’s debut core fund

The S$8 billion AUM open-end core fund marks a critical step in Hongkong Land’s broader strategy to recycle capital and transition into a fee-based asset management model.

CPP Investments backs US medical office JV

The Canadian pension committed $143m to the venture with IRA Capital alongside an unnamed Asian sovereign wealth fund.

CPP Investments adds first dedicated hospitality strategy in Japan

Out of the investor’s 10 dedicated Japan-only vehicles in the past, at least six of those have been focused on the industrial sector.