Hamilton Lane

PERE’s investor ranking sees its first-ever aggregate decline in property exposure as macroeconomic factors continue to weigh on values and sentiment.

Higher interest rates, inflation and an unpredictable trade war are ushering in an ever-changing set of obstacles.

Industry executives are concerned Donald Trump's energy policies could further steer investor capital away from the asset class to infrastructure.

Jerry Gates, who has led the firm’s real assets platform since 2011, is handing the reins for the position to the leadership team from Real Assets Portfolio Management.

The Pennsylvania-based alternative investment management firm has agreed to acquire Portland, Oregon-based Real Asset Portfolio Management.

The price and number of shares are yet to be determined by the firm which has about $274bn of assets under advisement and $40bn AUM.

Peter Larsen, who previously was co-head of real estate investments at Hamilton Lane, now will serve as principal at the Greenwich, Connecticut-based placement agent and advisory firm.

Hamilton Lane has been selected to take over as the Washington State pension plan’s private equity mandate from Capital Dynamics.

The London-based real assets consulting firm is responding to an increase in global managers seeking to raise and deploy capital in the region.

This week marks the release of the fifth annual Women of Influence in Private Markets list – meet this year’s class below. Meanwhile, our latest cover story takes a deep dive into property fund distributions (or the relative lack thereof); European real estate leaders head to Munich for Expo Real, where PERE is on the ground and the stage; Blackstone, SC Capital and CapitaLand stake their claims in the Gulf region; and more in this week’s digest, exclusively for our valued subscribers.

Pressure for payouts mounts as many 2020- and 2021-vintage funds continue to generate little to no distributions.

Leadership changes top the headlines this week as Schroders names its next Asia-Pacific real estate head, Swedish manager Areim replaces its head of investor relations and Australia’s sovereign wealth fund taps a private real estate veteran to run its growing property business. Meanwhile, one of the UK’s largest pension investors charts a real estate expansion, US managers tweak their strategies for the tariff era and more in this week’s briefing, exclusively for our valued subscribers.

As a looming trade war rocks global markets, volatility is seeping into private real estate where hopes for a recovery are giving way to fears of another downturn. Meanwhile, succession plans are back in the spotlight this week as managers BGO and M&G look inward for their next leaders, Prologis’s next chapter includes an emphasis on private capital, a pair of Morgan Stanley veterans strike out on their own and much more in this week's briefing, exclusively for our valued subscribers.

While many believe the US President-elect’s policies will provide stimulus, others worry they will put a real estate recovery at risk.

Ex-Blackstone real estate boss Chad Pike has returned to the market via the launch of a manager focused on the current capital dislocation in the sector; European opportunity fund manager Aermont's tie-up with Singaporean conglomerate Keppel Corporation is steeped in operational real estate common ground; rising insurance costs are having an increasingly heavy impact on US real estate net income and more besides in today's briefing, exclusively for our valued subscribers.

The $76bn public pension has issued an RFP for an investment consultant.