North America

The PERE Podcast features the chief investment strategist speaking about identifying opportunities that sit at the ‘intersection of multiple secular trends’ or offer a hedge against today’s biggest themes.

Nine months after transitioning from CEO to executive chairman, Gabbay is leaving the Chicago-based manager this week.

The New York- and London-based manager is targeting long-income, infill industrial and grid-connected real estate with Meadow Real Estate Fund VII.

The Los Angeles-based manager scored a $100m commitment to the value-add vehicle as part of a broader strategic partnership with GCM Grosvenor.

Amid a slow fundraising environment for the Boston-based manager’s debut private real estate vehicle, its CEO says it is patiently building its track record via new JV relationships.

The largest transaction during the period was more than triple the size of the chart-topper in H1 2025.

The Alberta pension has hired Dan Teper, a former real estate specialist at the Abu Dhabi Investment Council and Brookfield, to oversee its C$26.5bn property portfolio.

The Los Angeles-based manager’s PCCP Equity X and PCCP Credit XI both rank among the top 10 largest funds closed this year.

The Southern California pension is looking to deploy $700m into the asset class next year, with an eye for alternative sectors and discounted opportunities.

Managers CBRE and BlackRock were among the biggest beneficiaries as the public pension spread its bets across sectors in its busiest half year on record.