Europe

The €355bn asset management arm of German insurer Munich Re has promoted internally to fill the role, with incumbent Katja Lammert leaving the firm.

Core coffers are filling once more as investors see value, but the transaction market remains stunted, according to delegates at Expo Real.

A new world order is expected to reshape the private markets opportunity set over the next five years.

With globalisation in retreat, the implications for private investment are complex. In areas like manufacturing, the push is toward reshoring of portfolio company operations. In risk management, many investors see diversifying their global exposure as key.

But without three mega funds, the total capital raised in Q1-Q3 2025 would have fallen below that of the same period last year.

DFI aims to build a £500m platform focused on industrial assets near research institutions and other ‘knowledge and innovation’ hubs.

The anticipated inflows are more than triple the amount from a year ago, according to the firm’s head of European investment strategy.

Charles Baigler joined Bridge Industrial in January 2024 to expand the firm’s operations into continental Europe, but left less than two years later.

The PERE Podcast breaks down property investors’ main reason for optimism at the Munich conference this week: a NATO-driven market resurgence.