Alternatives

Continuity concerns over the manager’s $650m sale to Barings appear to be quelled as it pulls in its second-largest capital haul to date.

The Los Angeles-based firm is targeting a net IRR of 15-18% for its seventh flagship opportunistic fund, which has a $3bn target.

With an initial $600m capitalization, the partnership aims to assemble the country’s largest privately owned self-storage platform.

The Tishman Speyer and Bellco Capital JV is back with a second fund in what its CEO called ‘the most compelling investment window in years.’

PERE America Forum participants discuss how the convergence of property and other asset classes has created new opportunities – and new problems.

The US manager has made a key hire to help fulfill an ambition to double its assets under management in Europe in the next five years.

Graeme Torre’s successor Brian Hung has led the team’s entry into a number of new strategies in Korea and Australia over the past 12 years.

A panelist at last week’s Yale Real Estate Conference says a lack of due diligence is partly to blame for current fundraising struggles.

With globalisation in retreat, the implications for private investment are complex. In areas like manufacturing, the push is toward reshoring of portfolio company operations. In risk management, many investors see diversifying their global exposure as key.

Having secured $1.4bn and counting, Greykite is on track to score a record capital haul for a first-time real estate fundraise in Europe. Founder and CEO Michael Abel speaks with PERE.