Asia-Pacific

Ascent and its family office partner will invest and incubate new real estate platforms that would be eligible for C-REIT exits in China.

Blackstone’s president and chief operating officer considers real estate debt to be ‘an area of growth’ for the firm.

Asia-Pacific investors are now the dominant source of capital in the asset class. Fund managers are taking note.

Capital raised from European investors fell the most by almost 43% as the region was hard-hit by the denominator effect.

The industry veteran is joining the New York-based credit shop as it closes its first institutional private fund.

Former CEO Alvin Mah has left after 18 years at Alpha Investment Partners but will remain on the investment committee of a few Alpha funds.

Blackstone has completed another record fundraise even while it continues to grapple with redemption queues in its private REIT.

The firm’s global co-head of real estate says having $30bn of equity to deploy, at a time when debt is harder to get, is a ‘valuable asset.’

Remuneration growth is muted as the world tackles inflation, according to Sousou Partners, the executive search firm which partners with PERE for an annual pay report.

The firm is also hiring investment professionals in Japan, Australia and South Korea as it expands its capabilities in these markets beyond only fundraising.