GTIS Partners

The New York-based housing specialist’s fund was backed mostly by US investors, including the Virginia Retirement System.

Debt costs have risen sharply, but the inflationary environment has also had an outsized effect on other costs for managers.

Josh Pristaw, who led GTIS's Brazil business, has joined the single-family rental specialist as a senior managing director.

Additional guidance issued by the IRS and Treasury Department gave the New York-based firm the clarity it needed to move forward with the initiative, senior executives said.

Institutional investors still have room for improvement in terms of ESG adoption, but the progress that has been made thus far has been encouraging.

The real estate firm plans to makes its first investment in the asset class within nine months, targeting assets in Brazil as the country emerges from recession.

The alternative asset manager, which recently raised $1bn for the strategy, has opted to stay private even as more firms have moved to consolidate or go public.

To tackle underrepresentation of female professionals, the private equity real estate industry needs to first address certain misconceptions, speakers said.