Managers

The manager will be looking to originate its own loans, pursue securitized deals and acquire loans from traditional lenders as part of its real estate debt roadmap.

Fundraising for Alterra IOS Venture III was completed within eight months, well ahead of the average time managers are in the market raising their funds.

The firm’s chief executive Manfredi Catella is also looking to partner with other Italian institutions on a range of real estate initiatives.

The South Carolina-based manager has raised $1.9bn for the latest iteration in its flagship multifamily fund series.

In just over a year, the manager has raised €600m to invest in student accommodation assets across Southern Europe.

The firm’s co-heads of real estate talked about what drove leadership change at the top and what is next for the $49bn business.

At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.

The vehicle represents the firm’s only real estate fund launch in the near term as it sits on $12bn of dry powder for the asset class.

The New York-based mega-manager is now approaching its target for the vehicle, bolstered by a pickup in European real estate opportunities.

The Dutch pension investor’s head of research and analytics real assets believes AI helps to democratize investment team discussions.