Managers

A new private equity real estate firm has been launched with the strategy of tapping ultra high-net-worth investors. It comes just weeks after the launch of the Family Office Real Estate (FORE)Partnership, which also focuses on tapping wealthy families and individuals.

The NYSE-listed wealth management firm based in Shanghai plans to reach out to China’s high-net-worth families for a fund aimed at providing an alternative financing source for the country’s real estate developer.

The Istanbul-based investment firm has placed an unoccupied palace and two student housing developments in Turkey into its first opportunistic real estate fund.

The Government of Singapore Investment Corporation (GIC) is re-upping with a London-based investment management firm in a special situations fund with a six-year life span.

The Toronto-based residential real estate investment firm has invested in a Dallas mixed-use development and a Houston master-planned community on behalf of its eleventh commingled fund and a separate account, respectively.

The Hong Kong-based private equity real estate firm, founded in 2005, is approaching the prerequisite investment hurdle of its third China-focused opportunity fund. It is now paving the way for its biggest fund offering yet.

The Hartford, Connecticut-based real estate investment management firm has held a final close for its latest club-style debt vehicle, which seeks to provide first mortgages for US commercial real estate properties.

The Parsippany, New Jersey real estate investment manager has completed its largest fundraise for the property type, exceeding its original target by $68 million.

The global asset manager has raised almost as much in coinvestment capital as it has so far for its third Asia fund of funds. The firm has another 12 months before capital raising for its Aberdeen Asia Fund of Funds III is due to come to a close.

The $11.6 billion state pension plan has agreed to contribute $30 million to the New York-based firm's ninth real estate fund.