Managers

The brainchild of ex-Morgan Stanley Real Estate Investing triumvirate Sonny Kalsi, John Carrafiell and Fred Schmidt has enjoyed early capital raising successes, closing its US fund on $300m and holding a first closing of $200m for its Japan effort.

The Sydney-based real estate fund manager continues to raise capital for its core-plus Australia funds as investors seek to take advantage of Australia’s lowered interest rate environment.

The Austin-based private real estate firm will target student housing, self-storage, medical offices and senior living projects throughout the US for its largest diversified fund to date.

The former deputy head of structured finance at AXA Investment Managers will replace Kiran Patel as global head of business development at AXA REIM. The focus of the role has been shifted to include corporate finance yet exclude research and strategy since Patel resigned in November.

The recently formed boutique investment firm will invest in Chinese retail properties developed and anchored by supermarkets of Beijing conglomerate BHG.

New York's Apollo Global Real Estate Management has struck up a venture with Canada’s Ivanhoé Cambridge and prime central London residential property company Residential Land.

The New York-based private equity and real estate giant also said that Europe would be a major target for real estate opportunities in 2012.

The fund management arm of the London-based real estate firm has appointed William Donohue as part of its efforts to expand operations in North America. In addition, the firm has named Robert Kilroy managing director and head of separate accounts.

After seeing initial success with the pilot edition of its real estate emerging manager programme, the $110 billion pension plan is now seeking participants for the $500 million effort.

The Washington, DC-based private equity firm has acquired an office and residential portfolio in central Stockholm on behalf of its third European real estate fund.