Europe

The Swedish private equity firm, which has rebranded its real estate platform, also has hit pause on office and life sciences investments.

The firm has hired two capital market veterans from Harrison Street and Argo Infrastructure to lead the fundraising effort in EMEA and APAC.

UBS, GCM Grosvenor and Abrdn have committed £145m across two funds managed by Matter Real Estate for its Placefirst housing business.

The two businesses – which together account for $157bn of AUM – will comprise the firm’s newly created real assets platform.

The UK firm has offloaded a 25% stake in a mixed-used portfolio amid efforts to ‘be more active’ in capital raising.

The managers have become co-owners of a UK logistics portfolio, which they aim to scale.

Canadian pension investor Ivanhoé Cambridge is understood to be among the investors behind the fund’s latest round of commitments.

Bond demand, loan pricing and credit quality could be impacted by the current turmoil, says Chatham Financial’s Jackie Bowie.

With a divestment to AustralianSuper, the Canadian pension investor is executing a long-term plan to achieve scale in European logistics.

The London-based logistics manager has already doubled the capital raised for its previous European value-add vehicle in 2020.