Blueprint: BGO’s largest-ever property fund, Harrison Street’s $1bn month, US pensions in the lurch, and more

Is there hope for a fundraising comeback yet? A pair of major capital raising successes lead the headlines as BGO amasses a $5.1 billion war chest aimed at Japan and Korea, while Harrison Street’s latest US flagship fund closes on $1 billion directly out of the gate. Elsewhere, US pensions size up the impact of trade wars on capital flows, a London office platform fetches more than $445 million and more in this week’s briefing, exclusively for our valued subscribers.