Pei Group Data

PineBridge Benson Elliot raises €500m for sixth flagship European fund

Participation from US investors declined compared with the fund’s predecessor, but the manager benefited from new capital sources in Asia.

Ward Fitzgerald returns to his entrepreneurial roots

Six months after leaving EQT Real Estate, PERE’s 2024 Lifetime Achievement Award winner is ready for the next chapter in his career with ExCorde Capital.

Lone Star’s fundraising shortfall was caused by multiple factors

Performance is just one reason why a fund with an original target of $6bn ultimately collected less than half that amount.

Lone Star raises half the targeted equity for its latest real estate fund

The Dallas-based private equity real estate firm cites investor liquidity issues and a keenness to get deploying for the $2.7bn final closing for LSREF VII, less than half its initially reported $6bn target.

Henderson Park eyes $1bn US capital haul following deals and appointments

The London-based firm is expanding in North America with an opportunity fund backed by the Arizona Public Safety Personnel Retirement System.

Starwood nears halfway mark for Fund XIII capital raise

The Miami-based firm is expected to complete a rolling first close for the opportunistic vehicle later this year.

Macquarie targets distress, decarbonization with new fund

The asset manager raised 60% of the commitments for its latest opportunistic real estate vehicle from new investors.

Meadow Partners closes Fund VI with revised investment focus 

The New York- and London-based manager has reduced the fund’s target deal size as a reflection of where it sees distress emerging.

Pennybacker closes on fourth-largest real estate fund this year

The firm, which closed $100m over its target for Fund VI, is part of a growing percentage of managers beating their fundraising goals.

Greystar closes 11th fund in US value-add series

The South Carolina-based manager has raised $1.9bn for the latest iteration in its flagship multifamily fund series.