Investors from its ill-fated third European opportunity fund are among those to have committed €300m in a first closing of the Washington, DC-based private equity firm’s rebranded fourth offering in the series.
Six months after the firm’s president transitioned to a strategic advisory role, the real estate subsidiary of Caisse de dépôt et placement du Québec has named a new president and new head of business units.
Speakers at PERE’s annual Asia Summit in Hong Kong still believe gut instinct cannot generally be automated when it comes to underwriting deals. But the market’s biggest risk-return strategy may be the exception to the rule.
As the big Japanese institutional investors prepare their forays into real estate investing, they are faced with challenges around their complex internal decision-making processes, costs of investing overseas and access to core deals in the domestic market.