Value Add

Drake Real Estate Partners closes largest fund yet after pivoting to institutions

The New York-based manager, which traditionally sourced its capital from family offices, is also shifting its deployment focus to alternative sectors.

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.

Japan’s GPIF commits $200m to NREP

The investment represents GPIF’s second direct investment in a European real estate fund and its fourth overall in private real estate funds.

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.

TPG Angelo Gordon reshuffles Asia real estate leadership

The executive changes come as the firm’s long-time Asia real estate head, Wilson Leung, prepares for his upcoming retirement.

Clifton Partners closes niche debut fund

The close represents a major milestone for Zain Fancy and his firm Clifton Partners, which was founded in 2011.

Tony Ressler, Howard Marks back Tryperion’s fourth fund

TREF IV raised $163m and is over 70% deployed.

Realterm reels in €470m for second European IOS fund

The Maryland-based logistics specialist’s latest capital haul is nearly five times the size of its inaugural pan-European vehicle from 2020.

Hong Kong’s Link launches debut fund

This fund launch represents a key milestone in Link’s broader strategy to transform into a prominent third-party capital manager.

Coastal Ridge holds first close for debut student housing fund

The Ohio-based manager’s inaugural closed-end institutional vehicle has scored early pledges from Partners Group and iA Financial.