Zoe Hughes
The private equity real estate firm hires former DTZ executive to capitalize on the growing secondaries and fund of funds market in Europe.
The US’ second largest public pension fund is considering allocating $1 billion to the growing asset class with California’s infrastructure needs to be given preference.
Less than a month after opening offices in Brazil and Mexico, the McLean, Virginia-based firm has appointed a former MIRA executive to assess the risks of investing in Latin American residential and commercial real estate.
PERE reveals 10 private equity real estate fund managers to watch. The new kids on the block will be profiled in full in the June edition of PERE magazine.
The Chicago-based private equity firm holds a second-close on its latest real estate fund targeting recession-resistant investments.
The Pennsylvania-based fund of funds closes its first real estate outing on $231 million of commitments, almost double the initial target, targeting global opportunistic investments.
JER president and chief operating officer Michael Pralle tells PERE the McLean, Virginia-based firm will rival the likes of Tishman Speyer and Carlyle in terms of capital raised for real estate funds and deals.
Many fledgling private equity real estate fund managers could be severely affected as limited partners look to place larger amounts of capital with fewer GPs.
The US state has revealed a major funding gap in key infrastructure projects, if it is to keep pace with growing population over the next 25 years.
The New York-based real estate investment firm has held a first close on its value-add domestic emerging fund, which will invest in underserved markets in major US cities.