Regions

With a target of $8bn, Carlyle Realty Partners X is shaping up to be one of 2024’s largest fundraises.

Even during a fundraising slump, one of the world’s largest capital allocators just demonstrated institutions will make bets for the right firm and strategy.

While others said no to moving to Asia, the relocation was one of the major turning points for the executive’s 40-year real estate career.

The largest US pension fund eyes non-core funds for its next round of allocation to the asset class.

The California pension plan’s backing of the vehicle marks its first investment with the New York-based manager.

The pension plan has made significant headway toward its annual pacing target with a $300m investment in Carlyle Realty Partners X.

The CEO believes real estate private credit could become the biggest part of the Toronto-based manager’s global property business.

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.