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Lisa Fu

PGIM eyes global expansion of RE defined contribution business

The New Jersey-based manager intends to launch new products in the strategy on the back of two senior personnel moves.

FX volatility weighs on Blackstone’s real estate business

Asian currency fluctuations in particular were a drag on the firm’s global opportunistic fund series in Q3.

Opportunity zone pioneers must account for uncertainty

Firms are scrambling to capitalize on the new investment opportunity, but the language and definitions in the legislation still need more clarity.

HighBrook closes on its largest-ever fund – Exclusive

The New York-based firm garnered more than twice the amount of its previous capital raise.

Bridge launches opportunity zone initiative – Exclusive

The strategy taps a new federal program that encourages investment into low-income communities by offering tax benefits on an estimated $6.1trn of eligible unrealized capital gains.

Peakside Capital launches its first tokenized RE fund

The European real estate investment manager is one of the first institutional names to seek to raise capital on the blockchain.

Time to question if the Yale model is still worth copying

The Ivy League endowment’s strategy of investing heavily in via active management strategies has seen copycat efforts from other endowments, but fee loads are prompting questions about whether that was such a good idea.

Yale lowers RE allocation target again

The asset class was among the worst-performing for the Ivy League university over the past 20 years.

Man of the Moment: Claus Mathisen

The former leader of NREP’s Pelican Self Storage will step up to be the Nordic real estate firm’s second chief executive.

CBRE GI appoints global co-head of investor services-exclusive

Bernie McNamara, former JPMorgan Asset Management global head of alternatives investment strategy, will join the firm as part of a three-year succession plan.

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