Managers

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.

The Philadelphia-based private equity real estate fund manager has acquired a two-building, Class A office complex in Arizona on behalf of its latest real estate fund.