Pennsylvania Public School Employees' Retirement System related stories
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Blueprint: Sculptor’s record fundraise, LaSalle’s next CEO, investor consolidation, and moreSculptor Capital Management tops the headlines this week, as PERE can exclusively report the manager has closed its fifth, and by far its largest, flagship property fund yet, pulling in $5.4 billion for a strategy focused on niche property types. Meanwhile, London’s Grosvenor Group breaks into a new market; Chicago’s LaSalle reveals its next global CEO; Korea’s NPS backs a UK multifamily venture; an Artemis veteran finds a backer for his own senior housing platform; a slew of mega-managers announce big logistics tie-ups; and more in this week’s digest, exclusively for our valued subscribers.
Blueprint: Ares’ new era, BGO’s data center fundraise, target allocations’ slide, and moreA change atop Ares Management’s global real estate business leads the headlines this week, followed by an exclusive on a US industrial fundraise by BGO with a data center angle. Meanwhile, Hodes Weill finds a dip in investors’ target real estate allocations, Prologis eyes capitalization strategies for its own data center expansion, AustralianSuper expands its UK push, and more in this week’s digest, exclusively for our valued subscribers.
Blueprint: StepStone, Greykite’s record €1.5bn recap, Q3 fundraising data, PERE Awards and moreStepStone and Greykite top the private real estate headlines this week with a blockbuster €1.5 billion recap in Spain, and we have all the details below. Elsewhere, New York’s Pantzer Properties reports a $1 billion fundraise; PERE reveals the latest private real estate fundraising data; the PERE global awards reopen; and more in this week’s digest, exclusively for our valued subscribers.
Blueprint: KKR’s milestone, BREIT’s interim chief, manager M&A and moreTwo noteworthy pieces of information revealed in regulatory filings top the private real estate headlines this week, as KKR hits a $2 billion milestone on its latest US property fund, while on a more somber note, Blackstone discloses the appointment of an interim CEO of BREIT after the shocking loss of Wesley LePatner last month. Elsewhere, HSBC names its next real assets head, M&A data shows manager stake sales are on the rise and more in this week’s briefing, exclusively for our valued subscribers.
Realterm reels in €470m for second European IOS fundThe Maryland-based logistics specialist’s latest capital haul is nearly five times the size of its inaugural pan-European vehicle from 2020.
Blueprint: Starwood's $6bn fundraise, capital flows in the tariff era, PERE Europe forum and moreA pair of PERE exclusives lead the headlines this week: first, an update on Starwood Capital Group’s progress with its latest opportunistic fund, set for a final close in the next year with a $10 billion target. Second, a major new hire at Crow Holdings, which brings on an AIMCo, BGO and CalPERS veteran to run its core/core-plus business. Elsewhere, investors offer differing views on capital flows, student housing continues to draw attention in the UK and more in this week’s briefing, exclusively for our valued subscribers.
Blueprint: PERE 100 revealed, NBIM's Japan reversal, Grosvenor's new CEO and moreThis week marks the hotly anticipated release of PERE’s annual comprehensive ranking of private real estate’s largest capital raisers. The 2025 edition of the PERE 100 and PERE 200 includes some significant changes from last year, and the volatility says a lot about the state of real estate fundraising. Elsewhere, NBIM and EQT make high-profile exits in Tokyo; Nuveen leans into private wealth; Grosvenor and AEW make senior appointments and more in this week’s briefing, exclusively for our valued subscribers.
Brookfield’s Baron: The pressure on investors has easedAfter Brookfield held an institutional close on what is set to be its largest-ever real estate fund, the firm’s CIO for real estate sees investors growing in confidence as transactions tick up.
TPG Angelo Gordon closes its largest-ever European real estate fundOnly 8% of the fund's capital was raised from investors based in the region, while the majority came from Middle East and APAC investors.
PSERS recommends €75m to real estateThe Harrisburg-based pension recommended a commitment to Realterm Europe Logistics Fund II.