Managers

Victoria Sharpe, the UK banking group’s head of real assets, explains how the firm is building a different – and enduring – property business the second time around.

The firm, which closed $100m over its target for Fund VI, is part of a growing percentage of managers beating their fundraising goals.

Private real estate’s largest managers are maximizing their chances of fundraising success during a challenging market environment.

Consolidation in the industry has transformed the manager landscape – but to whose benefit?

In a tough fundraising market, the largest managers are increasingly utilizing co-investment vehicles and separate accounts to stay competitive.

Town Lane, founded by Tyler Henritze, closed the fund at its hard-cap without the help of an IR team or placement agent.

The Cleveland-based real estate and fixed income manager and London-based infrastructure firm will have about $35.7bn in total AUM.

Starwood CEO Barry Sternlicht said the redemption limits for the firm’s SREIT are temporary. But similar limits could be also imposed on other private REITs.

Andrew Allen was appointed global chief investment officer at the London-based manager following Kiran Patel’s retirement last month.

The addition of Cromwell Europe will double Stoneweg’s AUM and expand its wheelhouse into multiple new markets, says founder Jaume Sabater.