Managers

Why Round Hill sees an opportunity in UK residential debt

The real estate investor has backed the recently launched Hilltop, which aims to lend £125m to SME developers over the next 12 months.

SAREB risks losing momentum by abandoning NPL sales altogether

Spain’s ‘bad bank’ will not put large portfolios of toxic assets up for sale, despite high demand from investors. This refusal might be unnecessary.

GreenOak investors return to its Asia fund series despite founder’s stake sale – Exclusive

The manager has held a first close of $400m for its third pan-Asia fund entirely from re-ups, demonstrating investors’ continued support following the sale of co-founder Fred Schmidt’s stake in the business.

Savills IM names new CEO to drive global expansion

Alex Jeffrey will replace Justin O’Connor, who departed last year, as head of the real estate investment manager.

Nuveen hires CPPIB, Guggenheim execs – Exclusive

The new recruits will lead the US Cities Office Fund and US Cities Industrial Fund, which will launch in late 2019.

Blackstone nears close for BREP Europe VI

The global alternative asset manager expects to raise the bulk of its $10bn target for the vehicle in the coming weeks.

Jefferies, Stonyrock to invest in alternative managers

The New York-based investment bank and newly-formed Stonyrock are the latest entrants into the booming sector of taking non-control positions in private markets managers.

How Korean investors priced WeWork risk in Dublin

Korean institutional investors have decided the co-working giant’s 20-year tenancy at Dublin’s Charlemont Exchange is worth another 70bps on the city’s prime yield average.

Brookfield to make biggest real estate purchase in China

The Toronto-based private markets giant intends to drive returns through active operational management.

Debt investment stacks up in China and Australia

Investor interest in Asia-Pacific real estate debt is increasing, but these two markets stand out.

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