North America

Crunching the numbers on PERE’s flagship manager rankings reveals the uneven impact of ongoing fundraising headwinds.

Stuart Mercier was responsible for establishing the Canadian group’s overall business in China before he expanded into a more regional role.

The value of sustainable buildings should not be confused with the practice of sustainable investment in buildings, say GRESB’s Chris Pyke, chief innovation officer, and Parag Cameron-Rastogi, real asset analytics director.

The Atlanta-based firm has invested in the niche residential strategy – one of its high-conviction themes – in the US since 2022.

The decline of the five-day commute has been a boon for suburban retail, according to the manager.

The endowment has proposed reducing its allocation target to the asset class in favor of stepping up activity in private equity.

The investor is looking to play a more active role in acquiring GP and operator stakes as well as co-creating real estate platforms.

Managers are still focused on sustainability, even if the scale of future risks is not yet fully understood across the industry.

The best opportunities are not the riskiest or priciest but those that require the most effort and hard work, says Thomas Stanchak with Stoneweg US.

Private real estate’s largest managers are maximizing their chances of fundraising success during a challenging market environment.