Opinion

Mark Gabbay led the $87bn AUM manager from the covid pandemic through the subsequent market downturn. But in a signing-off guest commentary exclusively written for PERE shortly after his departure at the turn of the month, he describes his biggest challenge as organizational.

PGIM’s plans to launch country-specific funds in the region is less of a departure than people may think.

While pockets of momentum are evident, the backlog of funds on the road is casting a long shadow over Q3 capital raising figures.

In the face of increasing headwinds, some Expo Real 2026 attendees remained upbeat. For others, harsh truths are sinking in.

PERE’s flagship Global Investor 100 ranking has swelled to a record high in aggregate allocations, but its growth was unsupported by any meaningful increase in activity.

One investor’s search for closed-end, diversified funds in the region offering core-plus returns highlights a gap in the market.

Delegates at this week’s PERE Europe Forum spoke about offsetting higher volatility with briefer holds.

Much of the institutional investment community is wary of defense tenancies, but in Europe they are not automatically incompatible with ESG frameworks, writes Tobias Kassner, head of research at GARBE Industrial.

Clarion Partners will fold Stoneshield into its European business, but it has compelling reasons to keep the platform distinct.

Analysis of PERE’s first Core 100 manager ranking demonstrates how an asset specificity now matters less than the resilience of its performance.