Managers

The US multifamily specialist is looking to raise $200 million to target opportunities in secondary markets.

The private equity real estate investment arm of Bogota-based property developer Terranum has completed fundraising for its first investment vehicle, which will pursue residential and retail projects in Peru, Colombia and Mexico.

A combination of £200 million in fresh investment and cancelled redemptions has helped stave off collapse of UBS Global Real Estate’s flagship fund in the UK.

The London-based firm has purchased the portfolio for €174.5 million on behalf of its EPISO3 opportunity fund.

London-based Hermes Real Estate Investment Management led by Chris Taylor has hired a seasoned debt expert for its nascent real estate debt programme.

As Lone Star sets about raising its largest dedicated real estate fund, its focus for the capital is likely to be more on hard assets than before.

The Atlanta-based firm is seeking $250 million to invest in multifamily in the US, with a focus on properties in the Southeast and Texas.

The Hong Kong-based firm is on course to reach its capital raising target of $1 billion for its Gateway Real Estate IV fund, with a final closing expected towards the end of the summer.

German nonperforming loan specialist Albulus Advisors has revealed €100 million of backing from a portfolio company of the Lewis Trust.

Raj Inamdar has launched TriVeda Capital and expects to start raising funds shortly for middle-tier residential developments in India.