Regions

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.

The pension fund will favor non-core investments and existing managers in its allocation plan for the asset class in 2025.

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

The president’s initial moves since retaking office suggest little moderation from his campaign proposals.

The Chicago-based manager closed the US-focused vehicle after just 12 months on the road.

The manager is targeting sub-institutional deals in five US markets.

The Dallas-based multifamily developer is teaming up with the Seattle-based opportunity zone specialist for the former’s first-time vehicle.

The New York-based manager closed its first two vehicles on $550m in commitments.

The pension fund expects to make up to eight allocations to equity or debt vehicles this year and is hiring a new investment consultant.