News

Patrizia makes US direct real estate debut amid internal reorg

The German manager is actively expanding beyond Europe, but its investment in a US data center developer was ‘not driven geographically,’ according to head of investment division James Muir.

Barings agrees to buy Artemis Real Estate Partners 

The takeover of female-founded Artemis by MassMutual’s investment arm would create a top 30 PERE 100 manager.

Brookfield nears final close on BSREP V after raising another $500m in Q4

Executives say retail and high-net-worth investor channels will bolster momentum for its real estate strategies this year.

Ares wants to be a two-in-one manager for investors

Most managers raise either diversified or sector-specific real estate funds. Los Angeles-based Ares is looking to do both.

PAG raises its biggest opportunistic fund at $4bn

PAG saw the participation of Asian investors rise substantially with Fund VIII, increasing to 40% from 25% in the prior fund.

StepStone’s real estate secondaries fund surpasses predecessor by $1bn

StepStone Real Estate Partners V will focus on manager- and investor-led real estate deals in the US.

Big names exit Nuveen in client team shake-up

Former global client chief Mike Perry and alternatives products head Keith Jones have left the $1.3trn firm, which is targeting $2trn in assets by 2030.

LaSalle IM Asia’s co-CIO Claire Tang to join Rava Partners

She will work alongside the leadership team to grow the firm’s exposure to industrial and niche real asset classes.

Karim Habra set to leave Partners Group

The executive is departing the Swiss manager less than a year after joining as global co-head of real estate.

Hong Kong’s Link hires head of Australian investment

With the newly created role, Asia’s largest REIT manager intends to grow its presence in the country, which it first entered in 2019.