Bain Capital

The Boston-based manager is targeting an eclectic mix of sectors, including marinas and golf courses.

The managers plan to raise additional capital for their venture focused on grocery-anchored assets in the US and Canada.

As investors have grown more sophisticated, the fundraising process has also become more intensive over the past decade.

Bain Capital’s head of real estate credits his unconventional background with making him a better investor.

Remaining private has been a ‘strategic advantage’ for the Boston-based manager in multiple respects, says the firm's head of real estate.

For seven private real estate managers, breaking away from the crowd is equal parts risk and reward.

Exits include its shares in Chinese logistics company CNLP and all of its non-performing loans in the country.

With negative headlines stoking widespread concerns, managers are looking to contain the damage while investors strive to get clarity.

The former cinema is to be converted into three retail units and an office space by Bain Capital and Revcap.