Alternatives

The Toronto-based pension giant promoted Randy Hoffman to head of US and Tyler Seaman to head of Canada, among several other moves.

Despite the brighter outlook for attracting capital to private real estate, key metrics point to ongoing challenges for fund managers.

The acquisition – which includes GCP assets in Japan, Brazil and the US – will nearly double Ares’ real estate assets under management.

The Miami-based manager raised nearly 30% of Fund IV’s equity from co-investment capital, driven in part by platform investments.

The Singapore-headquartered firm will combine its real estate and alternative assets units into a real assets platform led by the group CEO.

The South Korean pension fund has kicked off its return to equity investing in the asset class with commitments to logistics strategies.

The team plans to invest in small to mid-sized managers, co-found new platforms, and accept investments under $100 million.

Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and PEP last year for A$1.01bn.

Bain Capital’s head of real estate credits his unconventional background with making him a better investor.

The Los Angeles-based firm is expected to hold a final close for the opportunistic fund in H1 2025.