Managers

KaiLongRei Investment, a Shanghai-based real estate investment firm, is raising its maiden US dollar fund, targeting up to $300 million for value-added investments in China.
The London-headquartered private equity real estate firm has won backing from several large institutional investors for its core plus and value added offering that is targeting parts of the UK and Germany.
Saxony Doctors Pension Fund, a German institutional investor, has invested in ‘value add’ hotel assets in Europe via Internos Global Investors.
The Chicago-based real estate investment firm has completed the sale of a 43-property self-storage portfolio for approximately $315 million, making the transaction the largest of its kind to date.
The logistics-focused firm has held a first close on more than $100 million for its Japan fund, and expects to meet its $500 million target within half a year.
The Los Angeles-based investment firm is contemplating the launch of real estate debt funds for the US and Europe, according to recent presentation materials.
The Munich-based specialist developer of student accommodation is turning its hand to fund management and has corralled €50 million so far.
The $21 billion pension system has earmarked $500 million of its $600 million 2013 allocation to the asset class. Its latest investments include $150 million to two new value-added funds.
Praedium VIII Multifamily Value Fund, which is targeting $600 million in equity, represents the New York-based firm’s first fundraising endeavor since 2007.
A report by the US Office of Financial Research (OFR), which was set up under the auspices of the 2010 Dodd-Frank Act, has fuelled talk of the $53 trillion asset management industry coming under greater regulatory control.
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