Managers

The Hong Kong and Singapore-focused private equity real estate firm completes capital raising for its first traditional private equity real estate fund, marginally adding to the capital raised at its second closing last June.

The New York-based real estate investment firm has closed on $810.2 million in equity commitments for GTIS Brazil Real Estate Fund II, making it the largest commingled opportunistic real estate vehicle focused on the market.

The Toronto-based alternative asset manager has formed a joint venture with Hillwood for industrial properties in the US. The new venture will be part of Brookfield Property Partners, a new public entity to be launched later this year.

The Beverly Hills-based firm has struck up a €250 million joint venture with Fairfax Financial to buy European commercial real estate assets, including loans and real property.

The Hartford, Connecticut-based investment management firm has closed on $546 million in equity commitments for its latest value-added real estate fund, exceeding its initial target.

The $51 billion pension system has committed $75 million apiece to the latest real estate funds from Angelo, Gordon & Co., Exeter Property Group and Bell Partners.

The Paris-based firm is looking to structure a six-year fund for investors keen on higher risk and return strategies.

The real estate arm of the Texas-based financial services firm has acquired a minority stake in Square Mile in a move to help expand the New York real estate investment firm’s platform.

Luxembourg-domiciled Aeriance, which is sponsored by a Kuwaiti sovereign wealth fund, has revealed at MIPIM that it plans to bring to market a €500 million-plus senior debt fund.

The Chevy Chase, Maryland-based real estate emerging manager has brought on three new hires, including a principal who will be in charge of acquisitions on the West Coast for the firm’s first fund.