Investors

A trend of institutional investors elevating credit-focused executives is a natural and predictable mirror of what is happening with managers.

Fundraising for Alterra IOS Venture III was completed within eight months, well ahead of the average time managers are in the market raising their funds.

In her departing interview, the outgoing president and chief executive officer of CDPQ’s real estate business talks about leaving the job, her next role and her ‘natural’ successor.

At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.

Markets that are non-regulated or have distress potential are at the top of the menu, investors told delegates at the PERE Network Europe Forum.

Industry practitioners anticipate embodied carbon will become a greater focus for prospective buyers in the future.

The global head of the insurer’s alternative business said performance is the top priority as it works to decarbonize its €85bn real estate portfolio.

The partial exit by the Toronto-based manager and its joint venture partner Investment Corporation of Dubai is a marker for institutional investors looking at doing business in the region, Jad Ellawn, Brookfield’s head of Middle East, told PERE.

Lagging performance indicators in private real estate is an existential problem for the sector, making alpha betting challenging for investors, argues James Corl, head of private real estate, Cohen & Steers.

NorthBridge's NB Partners Fund IV surpassed its target of $800m, and capital has been deployed to acquire 20 assets so far.