Managers

Tristan Capital’s Ric Lewis: ‘The market’s a closed circle’

As the London-based manager nears significant closes for a reimagined opportunity fund and its latest debt vehicle, the firm’s high-profile founder describes today’s private real estate capital markets as ‘just stuck.’

Canyon Partners beats target with first fund in US opportunity series

Having closed three real estate debt funds since 2021, the Dallas-based manager said it sees an attractive entry point for equity investments after a market reset.

Brookfield doubles down on niche property types

Between flagship real estate fundraises, the New York-based manager has prioritized deployments into manufactured housing, outdoor storage and medical offices.

Alpaca Real Estate closes debut fund on $223m

The New York-based manager plans to use proprietary AI for an opportunistic strategy mainly targeting US residential and industrial properties.

TPG expects multiple first closes in real estate by year end

Among the four funds nearing a first close is TPG Real Estate Partners V, the largest real estate fund in market with its $8.5bn target.

Blue Owl closes record-setting debut European net lease fund

The vehicle is the largest-ever dedicated to the regional strategy and the third-largest raised for net lease investments overall.

TPG’s China real estate boss to depart after two decades

The retirement of China co-head Ken Ng comes amid a wave of senior changes across the firm’s Asia real estate platform.

Doug Doughty joins Davis Companies to lead fundraising

The former Bain, Fortress and JPMorgan exec comes to Boston-based Davis to oversee capital formation after a leadership transition.

CenterSquare’s Robert Holuba: Asian investors are drawn to the US

After an influx of capital from the region into its listed REITs, the Philadelphia-based manager’s co-CIO said private real estate is now taking the cross-border spotlight.

Ares seeks $3.25bn for fifth US real estate opportunity fund

The manager is also eyeing a final close next quarter for its first Japan logistics fund post-GCP acquisition.