Alternatives

Sculptor raises $3bn for fifth flagship fund, its largest ever

The manager also more than doubled the size of its non-traded REIT last year after pulling in another $270m.

PAG raises its biggest opportunistic fund at $4bn

PAG saw the participation of Asian investors rise substantially with Fund VIII, increasing to 40% from 25% in the prior fund.

LaSalle IM Asia’s co-CIO Claire Tang to join Rava Partners

She will work alongside the leadership team to grow the firm’s exposure to industrial and niche real asset classes.

DOWNLOAD: Investor appetite for real estate wanes as allocations dip

Six in 10 institutions are now underweight in the asset class, but just 34% plan to up their investment in 2025.

CIM Group makes senior hires to expand global investor coverage

The firm has hired two capital market veterans from Harrison Street and Argo Infrastructure to lead the fundraising effort in EMEA and APAC.

Connecticut Retirement earmarks up to $1.35bn for real estate

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

Look Ahead 2025: Resilient alternative sectors will enjoy stronger demand

Heitman executive Blaise Keane offers insight on the macroeconomic factors and investment trends likely to impact self-storage and other alternative property types.

Look Ahead 2025: CapitaLand to seek M&A outside of Asia

CLI looks to grow its exposure in the US and Europe from the current 3% to 10-15% of its overall portfolio by 2028.

PwC survey: Bid-ask spreads narrowing, M&A to pick up in 2025 

Lower debt costs and a growing appetite for operationally intensive alternatives will drive merger activity.

BlackRock makes strategic changes for its Asia real estate fund

With a focus on transparency and liquidity, Fund VI will exclude Hong Kong and China, and will further limit exposure to the office sector.