Managers

Affinius nears $1bn raise for first data center fund

The Texas-based manager has pulled in $905m to date for the US-focused vehicle, backed by investors including Canadian pension La Caisse.

Daitch leaves CIO role at ESR as overhaul continues

A year after ESR’s privatization, Josh Daitch’s exit comes as the firm prepares to welcome former Lendlease CEO, investment management, Justin Gabbani as head of fund management.

Danish pensions anchor first close of Urban Partners’ regeneration fund

PensionDanmark and SamPension are both backing the Northern Europe-focused vehicle as first-time investors with the Copenhagen-based manager.

Brookfield forms ground-lease JV with specialist Safehold

The manager acquired a non-controlling stake in a US portfolio assembled by public REIT Safehold, which has options to reacquire it after seven years.

Partners Group holds first close for latest real estate secondaries strategy

The manager has secured more than $650m across a global program focused primarily on GP-led secondaries but seeded with an LP-led fund portfolio.

Hines’ Munk wants LPs in public REITs’ private funds to ‘wake up’

The executive at the Houston-based manager believes the vehicles are problematic not just for investors but for the industry overall.

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.