News

Ares raises $1.7bn in real estate during record fundraising quarter

The Los Angeles-based manager also expects to hold two real estate fund closes over the next two months.

DOWNLOAD: H1 2024 fundraising remained in the doldrums

With only $59bn raised in the first half of the year, 2024 is on track to be the worst fundraising year since 2012.

Henderson Park eyes $1bn US capital haul following deals and appointments

The London-based firm is expanding in North America with an opportunity fund backed by the Arizona Public Safety Personnel Retirement System.

Moorfield raises £330m for ‘hub and spoke’ fund model

The UK manager has closed its fifth value-add diversified fund and is seeking further capital for sector-specific side vehicles.

UK LGPS commitments signal ‘turning point’ for affordable housing

Local government pension schemes committed an aggregate £275m across two affordable housing funds last week.

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.

Slättö targets €500m for third Nordic value-add fund

In its first investment for the fund, the manager has acquired a 40% stake in a Swedish student accommodation portfolio.

TPG Next backs fledgling real estate credit shop

The fund has seeded a just-launched private debt strategy from an industry veteran.