Oklahoma Municipal Retirement Fund

After changes within Nuveen’s real estate division, its former global CIO and head of investments Carly Tripp started her next chapter this month at another large manager. Find out which below. Elsewhere this week, StepStone is back in the news with the launch of a platform, investors shore up their data center strategies amid fears of an AI bubble, Canada’s CPP Investments makes targeted deployments in the US and Japan and more in this week’s digest, exclusively for our valued subscribers.

In this final edition of Blueprint for 2025, we send you into the holiday break with a pair of sector-specific fundraising scoops. First, PIMCO sets a new bar for efforts targeting European data centers after closing its debut sector fund on a record €1.8bn. Meanwhile, Bain Capital reaches $1.6bn with its first dedicated real estate fundraise targeting the retail sector. Elsewhere, key details emerge about listed giant Hongkong Land’s private real estate debut, and more in this week’s digest, exclusively for our valued subscribers.

Aware Super takes a bullish – and contrarian – stance as it looks to scale its investment activity in US real estate. Meanwhile, Blackstone names a successor to Wesley LePatner as CEO of BREIT, Brookfield charts a major expansion in Asia, QuadReal and Kennedy Wilson strike residential platform deals, a US pension dials up its risk appetite and more in this week’s digest, exclusively for our valued subscribers.

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.

Private real estate’s biggest gets bigger this week as Blackstone, already the world’s top data center owner, unveils its largest venture in the sector yet. Elsewhere, Italian authorities probe fast-growing manager Coima; Greystar jumps on the private wealth train; a first-time manager in Hong Kong sees its debut fund oversubscribed; sovereign wealth funds spurn real estate; and more in this week’s briefing, exclusively for our valued subscribers.

A $2 billion fundraising blowout by up-and-coming fund manager Jadian Capital tops the real estate headlines this week, and PERE has all the details. Meanwhile, Swiss Life has a new head of real estate, Hines takes its private wealth playbook to Europe, NBIM gets into student housing and much more in this week's briefing, exclusively for our valued subscribers.

KKR's monumental merger of its real estate and infrastructure businesses dominates the industry headlines this week, and PERE has the details. Elsewhere, Sweden's EQT has a new name and a refined strategy for its real estate investment arm; NBIM buys into a prized London portfolio; US investors forecast increased deployments; and more in this week's briefing, exclusively for our valued subscribers.

Private real estate executives share their strongest convictions and boldest predictions for the next market cycle at the PERE Network America Forum; emerging manager Temerity Strategic Partners achieves its first fund close with help from a major investor; UK manager Octopus sets its sights on Europe; Hong Kong developers fortify their investment management positions and much more in today's briefing, exclusively for our valued subscribers.