North America

Founded by former Black Creek and Ares execs, Speed Bay Warehouse Solutions has scored $250m from BDT & MSD to acquire multi-tenant warehouses.

Utah-based manager, acquired by Apollo last year, exceeds the value-add vehicle’s $1bn target – and raises quadruple the capital of its predecessor fund.

As the real assets industry grows, investors’ sustainability strategies and priorities are diverging along multiple lines.

The Florida-based manager has appointed its first global head of private capital markets after launching multiple new strategies.

Investors are finding ways to maintain control over investments even while granting more discretion to managers.

The top tier of capital raisers added $52bn to their collective fundraising total in the past year, but the second tier has struggled for momentum.

Rising competition is making it more difficult for US debt fund managers to deploy capital.

The manager that has unseated Brookfield shares its fundraising scale, but that is where the similarities end.

A domestic housing shortage, home ownership affordability challenges and slowing construction starts are all proving to be tailwinds for investors, explains RMR Group’s Matt Jordan.

Constrained supply, resilient NOI growth and rising affordability pressures are driving institutional capital toward manufactured housing, write Paul Kolevsohn, Matt Sheeleigh and Lev Kling-Bronstein with Stockbridge.