Residential

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

All told, the Los Angeles-based manager now has $5.5bn to target distress real estate opportunities in the US and Europe.

The UK manager plans to treble its residential allocation and form more institutional partnerships as part of an ongoing real estate revamp.

The five assets are in Massachusetts, Maryland, New Jersey, Pennsylvania and Virginia.

As prices tumble, the mega-manager is back to investing aggressively in a sector it spurned two years ago.

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.

London-headquartered manager Henderson Park’s initial US fund is part of an expansion plan several years in the making.

PERE’s analysis reveals the largest allocations by sector, geography and partner for the world’s largest sovereign fund.