Managers

The firm has just made its first investment in China through a fund and is reviewing a logistics investment in South Korea.

The Toronto-based firm’s CEO says plans to generate $25bn by monetizing its BPY holdings will not include its assets in the two troubled sectors.

After its $300m float, the Salt Lake City firm will explore M&A opportunities and look to expand its reach beyond the US.

US subsidized housing is back in focus with Blackstone’s $5.1bn acquisition from the American International Group.

With ARA bringing close to $80bn of non-new economy assets, the new platform is evaluating its portfolio and will seek to divest any non-core assets.

Including its $897m C-REIT, the logistics powerhouse has introduced six onshore logistics real estate vehicles in China since 2017.

The Washington, DC firm expects to hold an $8bn final close this fall for Carlyle Realty Partners IX, which would be 45% larger than its predecessor.

Pursuing a value-add strategy, the Hong Kong-based firm has exited 25 investments and generated a median IRR of over 40% since 2004.

The vehicle will follow the firm’s fourth European value-add fund, which closed on its €2.1bn hard-cap earlier this month.

The Chicago-based firm closed on three funds totaling $3.2bn in three months, benefiting in part from the ‘favorable element’ of the 2021 vintage.