News & Analysis

The 2016-18 fund vintages were the last to return capital in full to investors, reaching an average DPI of 1.05x 10 years after inception.

In its latest sector outlook, the manager said a key consideration for an asset is its capacity to host ‘the tenants of the future.’

Terri Herubin was charged with overseeing a major restructuring of the California pension plan’s property portfolio.

Although the aggregate capital raised was muted, about 70% of funds that closed in the first-half either reached or exceeded their target size at final close.

The London-based manager has hired Tyler Rothenberg as a managing director on its US team, which has nearly doubled in headcount since 2024.

The move to partner with Stanhope comes as the sovereign wealth fund aims to boost returns by working with sector specialists.

Despite the executive’s experience with building a private funds platform, he will not lead that effort at his future firm.

Private markets head Marina Pasika on why the superfund avoids ‘bucketing’ its portfolio by asset class and how its thematic view extends to unlisted real estate.

The pension fund with $8bn in real estate holdings plans to continue selling office assets and limit its REIT exposure while prioritizing industrial and retail.

The Norwegian wealth fund’s venture with Charlotte-based Asana Partners follows last month’s investment in US shopping center owner ECHO Realty.