News

EQT sets $6bn target for its US next industrial fund

If met, the fundraising goal for the manager’s latest flagship vehicle would place it among the largest single-sector funds ever raised.

NBIM and Canadian pensions back TPG in $2bn US retail deal

San Francisco-based TPG is acquiring grocery-anchored strip mall specialist ECHO Realty in partnership with Norwegian wealth fund NBIM and Canada’s PSP and La Caisse.

Brookfield forms C$1bn industrial JV with pension-owned developer

The firm partnered with Vancouver-based Concert Properties on a 50:50 venture involving a 5 million-square-foot Canadian logistics portfolio.

Harrison Street hires co-head for Asia fundraising from Stepstone

Michael Humphrey is tasked with opening an office in Singapore while working with his team across two offices in Tokyo and Seoul.

BDT & MSD backs launch of US light industrial platform 

Founded by former Black Creek and Ares execs, Speed Bay Warehouse Solutions has scored $250m from BDT & MSD to acquire multi-tenant warehouses.

Bridge raises $1.4bn US logistics fund with international backing

Utah-based manager, acquired by Apollo last year, exceeds the value-add vehicle’s $1bn target – and raises quadruple the capital of its predecessor fund.

Greystar raises record European residential fund

The South Carolina-based sector specialist secured €2.2bn for its second value-add fund in the region, with another €550m in co-investments.

HighBrook hires Morgan Stanley veteran for newly created role

The Florida-based manager has appointed its first global head of private capital markets after launching multiple new strategies.

Barings to acquire Moorabbin Airport with Aware and Rest for A$1.5bn

The property has been considered a real estate asset since current owner Goodman Group purchased it in 2010.

Why separate accounts are not what they used to be

Investors are finding ways to maintain control over investments even while granting more discretion to managers.