capital formation

As retail and office sectors trend toward volatility, the steady returns of sale-and-leaseback strategies are becoming attractive fixed-income substitutes.

In the wake of the covid-19 outbreak, fundraising managers can be sorted into three categories: those finishing final closes, those launching new funds and those somewhere in between. All three must deal with unprecedented circumstances. But midstream fundraisers face the greatest challenges, especially managers that have already started deploying capital. Valuation is the key issue. […]

A seed portfolio, ‘essential’ to attracting capital prior to the covid-19 pandemic, has become a liability for many firms in fundraising mode.

The platform will pursue opportunities arising from covid-related dislocation as part of Dream Unlimited, which sold a subsidiary to Blackstone last year.

The Danish pension fund says it has benefited from its relatively high exposure to real estate during a time of coronavirus-induced market unrest.

Seven mega-funds with AUM of A$150bn-A$200bn could result from the current wave of mergers. Managers will welcome the resultant internationalization, downward pressure on fees and bigger private capital allocations

Investors continue to find it hard to justify mounting costs and are asking for greater disclosure, according to PERE’s Perspectives 2020 Survey.

Redcar Fund I, an opportunistic vehicle focused on LA creative office, was oversubscribed by $62m.

The mega manager’s desert dealings may pave the way for more real estate transactions in a gaming market increasingly open to them.

The Salt Lake City-based firm’s fundraising for its Multifamily IV and Debt Strategies III vehicles, contributed to a strong year for capital commitments.