Europe

The Milan-based manager will convert the property into student housing following the 2026 Winter Games.

The prevalence of non-mainstream products, such as debt and data center funds, have yet to be reflected amid tumbling fundraising totals.

With only $59bn raised in the first half of the year, 2024 is on track to be the worst fundraising year since 2012.

He arrives in the newly created role from a nine-year stint at CBRE Investment Management.

The ‘significant’ capital injection allows Quintain to finalize the latest phase of the 85-acre estate.

Chief executive Lim Chow Kiat said climate impacts must now be one of the key factors to consider when assessing potential investments.

The London-based firm is expanding in North America with an opportunity fund backed by the Arizona Public Safety Personnel Retirement System.

Commitments and deployment accelerated significantly over the last three quarters.

The UK manager has closed its fifth value-add diversified fund and is seeking further capital for sector-specific side vehicles.

Local government pension schemes committed an aggregate £275m across two affordable housing funds last week.