Alternatives

The US manager appoints ex-Harrison Street executive to lead the expansion amid ‘incredible demand’ for student accommodation in the country.

The London firm now counts a sovereign fund among investors in the series, for which it also uses social media marketing to raise capital.

The executive’s promotion to chief of staff follows a senior management reshuffle announced at the end of July.

Chief executive Lim Chow Kiat said climate impacts must now be one of the key factors to consider when assessing potential investments.

Iliffe will spin out part of LOGOS’ business following ESR’s acquisition of the three co-founders’ ownership stakes.

Commitments and deployment accelerated significantly over the last three quarters.

The UK manager has closed its fifth value-add diversified fund and is seeking further capital for sector-specific side vehicles.

In its first investment for the fund, the manager has acquired a 40% stake in a Swedish student accommodation portfolio.

A recovery in activity levels is forming as institutional appetite turns positive during the first half of 2024, says James Jacobs, head of real assets for Lazard’s private capital advisory group.

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