News

NorthBridge closes latest fund at $950m, returns to buying

NorthBridge’s NB Partners Fund IV surpassed its target of $800m, and capital has been deployed to acquire 20 assets so far.

Catalyst closes second IOS fund above target

While its debut fund was backed mainly by family offices, the firm saw significant institutional support for Catalyst IOS Fund II.

Sculptor raises $250m for new non-traded REIT

Sculptor Diversified Real Estate Income Trust launched in 2023 amid a challenging year for private REITs.

S2 Capital targets $1bn for multifamily private REIT

The REIT, which will be seeded with a $1.6bn portfolio of assets, will be the largest vehicle of its kind focused on the sector.

Fund formation law firms see increasing customization

Momentum may be building in the fundraising space, but more managers are making concessions to get a slice of the action.

Real estate secondaries on the cusp of a golden age

A broad pipeline of manager- and investor-led deals is emerging in the current liquidity-constrained market, fueling long-term growth.

Investec launches UK real estate equity strategy

The UK and South African bank is raising capital from investors to acquire real estate assets on a deal-by-deal basis.

PIMCO targets €750m for first data center fund

PIMCO will invest the fund’s capital across Europe via its dedicated data center development and operating company Apto.

Investcorp launches $526m venture for US industrial

The venture is backed by two sovereign wealth funds and follows a 2021 industrial partnership with the same investors.

ADIA confirmed as £650m investor in Cheyne’s latest debt vehicle

The sovereign wealth fund has made a commitment to the ninth vintage of the manager’s flagship real estate credit strategy.