Managers

The Swiss group is currently highlighting real estate secondaries, senior debt and preferred equity investments in its investment thesis as it more than doubles the size of its last vehicle in a global series.

A bi-annual study by Seattle-based asset manager, Russell Investments, suggests institutional investors continue to demand exposure to alternative assets. But when it comes to real estate only 38 percent say funds are the chosen vehicle.

The Houston-based firm has re-acquired the Waterway Plaza I & II on behalf of its Cash Flow Real Estate Partners One fund for $83 million.

The Stockholm based company is raising a core-plus real estate fund to add to its series of Nordic opportunistic funds.

The London-based firm started by former Lehman Brothers bankers has provided a rare bright spot in the European opportunistic fundraising market by reaching £60 million for its first fund.

The chief executive of the Sorgente Group says he wants the London property market to ‘sit up and take notice’ of its arrival as the Rome-based asset manager acquires Queensberry House on behalf of its semi-closed ended, Donatello Fund.

On the sidelines of last week’s PERE Summit: Europe in London, PERE heard from Russell Jewell, AEW Europe’s head of private equity funds, on why its important for investors to allow their managers keep some flexibility.

The San Francisco-based firm is seeking up to $500 million to invest in nonperforming residential and mixed-use real estate primarily in California, Arizona, Florida, Nevada and Texas. Encore Housing Opportunity Fund II will follow the same strategy as Fund I but with an expanded reach.

The Houston-based real estate firm, on behalf of its Hines US Office Value Added Fund, has sold the Mountain View Corporate Center in the Denver area to the Westfield Company.

The London and Hong Kong-based hedge fund manager is planning to wrap a $150m real estate opportunity fund around a strategy to unlock opportunistic returns from development and distressed real estate in Myanmar, Mongolia and Vietnam.