Sectors

Lazard: Investor capital is converging toward real assets

Institutional appetite is gaining pace to allocate to sectors that have infrastructure characteristics, writes James Jacobs, head of real assets for Lazard’s private capital advisory group.

AEW raises largest property fund yet, but falls short of $2bn target

The Boston-based manager closed its 10th diversified North American opportunistic vehicle on $1.77bn in commitments.

Waterton hires CIO from Blackstone portfolio company

Former Lennar exec John W Gray succeeds retiring investment chief Rick Hurd as the Chicago-based firm looks to grow its development business.

The ‘living’ sector takes top billing

Residential benefited from the headwinds battering other sectors as the segment became increasingly institutionalized, especially in Europe.

DOWNLOAD: H1 fundraising volumes dispel recovery predictions

Massive capital hauls from Blackstone masked what was otherwise a tepid capital raising environment during the first half of the year.

ESG enters a ‘new phase’

The integration of sustainability in private real estate investment has broadened considerably over the past decade, but is it still on track?

S2 Capital closes Fund II with backing from multifamily offices

The multifamily specialist’s latest vehicle also marks the first time the firm is making rescue capital investments.

Arizona pension makes another cut to its real estate allocation target 

The state retirement system is trimming its target to 15%, down from 20% in 2022, as one trustee expresses a lack of comfort with the asset class.

Rockpoint: Back to basics: Real estate’s next chapter will demand local insight

With cheap capital no longer driving returns, success hinges on deep market knowledge, hands-on execution and flexible capital strategies.

Macquarie Asset Management: Endurance through evolution

From market dislocation to sector resilience, real estate’s transformation tells a story of adaptability.