Managers

Consistency in strategy and performance has led to strong investor support for the Chicago-based manager born after the global financial crisis.

What does it take to be a PERE 100 firm? Be big, global and diversified.

The New York-based private equity firm has identified the asset class as one of its investment strategies with the most significant scaling potential.

Investors seeking to acquire non-debt distressed assets will have to wait, the executive and other managers told a recent webcast.

The capital would help to fuel the growth of the pan-European business from €500m to €2bn in assets over the next two to three years.

The constituents of the PERE 100 have enjoyed exponential growth in their fundraising, even as placing capital became harder. The pandemic should relieve that pressure.

The duo will target both the acquisition and origination of loans secured by real estate in the western US, Ireland and the UK.

The firm also raised an additional $516m in co-investment capital, more than half of which went to five pre-specified projects.

Real estate managers are addressing the need for hospital space, testing sites, and medical supply storage as they consider their own longer-term social impact.

The asset manager’s recently structured real estate team will seek to take advantage of opportunities arising from the covid-19 crisis.