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Prudential raises $568m for senior housing fundThe Parsippany, New Jersey real estate investment manager has completed its largest fundraise for the property type, exceeding its original target by $68 million.
- PSERS expands RE investments
The $51 billion Pennsylvania Public School Employees' Retirement System has launched a new private markets and real estate programme to make co-investments and secondary fund purchases from existing managers.
- PSERS commits $150m to two debt funds
The $51 billion pension system has agreed to contribute $75 million each to LEM Real Estate High-Yield Debt and Preferred Equity Fund III and Latitude Management Real Estate Capital III.