Opportunistic

Oaktree comes up short on ninth real estate opportunity fund

The vehicle’s $2.6bn final close came months before Brookfield agreed to buy the Los Angeles-based manager’s outstanding shares.

Rockpoint names new co-CEOs

The top leadership change marks a major turning point for the Boston-based firm, which was founded more than 20 years ago.

Fortress’s Sloan: ‘Everyone stepped up’ after Pack’s passing

The New York-based manager’s global head of real estate says the firm still expects to double its AUM in the asset class over the next five years, despite the shocking death of co-CEO and former co-real estate head Joshua Pack.

PIMCO closes record-breaking European data center fund

The fundraise, which more than doubled its original capital target, represents the largest ever real estate vehicle dedicated to European data centers.

KWAP’s Hamid: ‘You cannot miss a vintage’

The Malaysian pension fund’s head of investments and acquisitions for real estate sees supportive conditions in Europe for non-core deployment.

Kansas City school pension looks to restart real estate investing

The $683m system hit pause on new investments during the pandemic, but now is considering five fund commitments to boost its allocation.

Sculptor closes Fund V, beats $3bn target by over 50%

With co-investment capital, the New York-based manager’s latest opportunistic vehicle is more than double the size of its predecessor.

Kayne Anderson raises $2.5bn for Fund VII, on track to beat target

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

LŌ-GOI Group expands into Europe with French developer

The Singaporean firm is raising capital to deploy in France, with plans to expand in Asia once founder Trent Iliffe’s non-compete with ESR concludes.

Clarion Partners appoints EMEA distribution lead, eyes M&A

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.