Sectors

First-time manager Alpaca raises $100m for tech-driven fund

New York Common is among the backers of the firm’s first opportunistic vehicle.

EQT shutters US multifamily unit amid wider strategic shift

The Swedish private equity firm, which has rebranded its real estate platform, also has hit pause on office and life sciences investments.

KKR makes real estate, infrastructure leadership changes

The two businesses – which together account for $157bn of AUM – will comprise the firm’s newly created real assets platform.

Iliffe launches LOGOS Asia, sets $900m fundraising target

Led by the LOGOS co-founder and three other executives, the firm is looking to corral the equity across four funds in Vietnam and India.

Prologis sets quarterly leasing record in post-election ‘boom’

The industrial manager expects rent and occupancy growth this year despite concerns over trade and immigration policy.

TPG, M&G launch £700m logistics joint venture

The managers have become co-owners of a UK logistics portfolio, which they aim to scale.

New Jersey DOI eyes $1.2bn in real estate fund commitments

The pension fund expects to make up to eight allocations to equity or debt vehicles this year and is hiring a new investment consultant.

Oxford Properties’ M7 stake sale ‘was always the plan’

With a divestment to AustralianSuper, the Canadian pension investor is executing a long-term plan to achieve scale in European logistics.

Verdion nears final close for second logistics fund

The London-based logistics manager has already doubled the capital raised for its previous European value-add vehicle in 2020.

Texas TRS earmarks nearly $700m to five managers

The pension’s December commitments included $400m to a co-investment vehicle with Blue Owl and $75m to a new manager relationship.