Indirect

StepStone’s record fundraise and a ‘perfect storm’ for secondaries

On The PERE Podcast, Jonathan Brasse, Evelyn Lee and Greg Dool are joined by Secondaries Investor’s Madeleine Farman and CBRE IM’s Achal Gandhi to break down real estate’s secondaries surge.

Real estate secondaries are set to thrive in ‘25 

US President Donald Trump’s policies have positioned the real estate secondaries market for a banner year of activity.

StepStone raises largest-ever real estate secondaries fund with $4.5bn haul

The record fundraise bests a previous mark set by Goldman Sachs as the manager aims to take advantage of tariff turmoil.

Deep Dive: Partners Group’s direct drive

After three M&A deals last year, head of real estate Mike Bryant is backing ‘vertical depth’ to propel the firm’s real estate investing capabilities to new heights.

Brookfield plans follow-on fund for real estate secondaries

Despite closing its debut real estate secondaries fund below target, the manager perceives a lack of capital in the market relative to the opportunity set.

Neuberger beats target with $1bn haul for secondaries vehicle 

A lengthy fundraising cycle paid off for the manager’s RESOF II, which dwarfed its predecessor by 50%.

StepStone’s real estate secondaries fund surpasses predecessor by $1bn

StepStone Real Estate Partners V will focus on manager- and investor-led real estate deals in the US.

DOWNLOAD: Investor appetite for real estate wanes as allocations dip

Six in 10 institutions are now underweight in the asset class, but just 34% plan to up their investment in 2025.

CBRE uses AI-tool to estimate real estate secondaries is $23bn market

The firm defines RE deals as any transaction where private equity is exchanged in the capital stack and where the operator maintains control over the asset.

LGPS Central plans £100m a year in residential fund investments

The UK pension pool made the first investment for its newly launched UK Residential Indirect Property Partnership earlier this month.