Managers

BC Partners offloads real estate business to L&G’s Proprium

BC Partners will retain some economic interest in its $1bn inaugural real estate fund, with a 17-strong team joining Proprium, affiliate title PEI understands.

Beyond BGO: Sonny Kalsi’s final act

The industry veteran has just agreed to the biggest job of his financial career. He expects it to be his last.

New World addresses investor interest amid Blackstone speculation

Hong Kong developer responds to report that the PE firm is in talks to become its largest shareholder.

Blackstone eyes more REIT privatizations amid ‘lagging’ public markets

The mega-manager has $53bn in dry powder to deploy into real estate equity and debt and sees listed platforms as prime targets.

L&G names global co-heads of real assets, bolstering its global ambitions

The UK firm picked the executives from a recently acquired US-based firm.

What a pullback on Saudi mega-projects means for GCC real estate

The PERE Podcast highlights the Middle East’s rise as a destination for global real estate capital and the region’s shifting market dynamics, with insights from Sousou Partners’ Ghada Sousou.

Stoneshield holds €400m first close for fourth opportunity fund

The manager has secured 40% of its capital target within two months of launching the Southern Europe-focused fund.

APG and QIA anchor Hongkong Land’s debut core fund

The S$8 billion AUM open-end core fund marks a critical step in Hongkong Land’s broader strategy to recycle capital and transition into a fee-based asset management model.

CPP Investments backs US medical office JV

The Canadian pension committed $143m to the venture with IRA Capital alongside an unnamed Asian sovereign wealth fund.

CPP Investments adds first dedicated hospitality strategy in Japan

Out of the investor’s 10 dedicated Japan-only vehicles in the past, at least six of those have been focused on the industrial sector.