News

Moving beyond the AI hype to create real value

With MIT research revealing that just 5% of artificial intelligence initiatives succeed, how can private markets firms ensure their AI efforts will lead to genuine value creation?

Breakthrough bets on life sciences rebound with $430m fundraise

The Tishman Speyer and Bellco Capital JV is back with a second fund in what its CEO called ‘the most compelling investment window in years.’

‘It’s a really solid asset class’: Private capital warms to affordable housing

The PERE Podcast spotlights investors’ growing conviction for strategies that address one of real estate’s most undersupplied sectors, featuring MSquared founder Alicia Glen.

Private real estate grapples with increasing ambiguity

PERE America Forum participants discuss how the convergence of property and other asset classes has created new opportunities – and new problems.

CIM Group holds first close on debut impact fund focused on US affordability crisis

CIM-BGV Impact Ventures, a partnership between the manager and entrepreneur and financial literacy advocate John Hope Bryant, will fund the preservation and construction of low-income housing.

LŌ-GOI Group expands into Europe with French developer

The Singaporean firm is raising capital to deploy in France, with plans to expand in Asia once founder Trent Iliffe’s non-compete with ESR concludes.

Clarion Partners appoints EMEA distribution lead, eyes M&A

The US manager has made a key hire to help fulfill an ambition to double its assets under management in Europe in the next five years.

Blackstone real estate chief Kathleen McCarthy to step down

The mega-manager’s global co-head of real estate is leaving after 15 years, placing Nadeem Meghji into sole leadership of its $320 billion property business.

TA Realty’s Strope: ‘So much of data centers is so little understood’

One of private real estate’s hottest sectors is also one of the most opaque, according to speakers at the PERE America Forum.