Capital Formation

Augmented by high-profile voices in both the manager and investor camps, the use of subscription credit lines by fund managers has come under heavy scrutiny.

The London-based advisory and investment firm is looking to raise capital from defined benefit pension schemes to invest in real estate, infrastructure, renewable energy and real asset debt investment managers.

At the end of last year we made five predictions for 2016; let’s see how we did…

The London-based private equity real estate firm has already collected soft-circled commitments of more than €500 million against a €1 billion fundraising target for its first perpetual life structured vehicle.

The investment arm of UK pension fund Prudential has lifted the gate on its open-ended UK property fund. The move means M&G is the last of seven firms, which suspended their retail funds in the wake of Brexit, to signal a reopening. 

The Edinburgh-based real estate investment management platform of UK insurer Standard Life has offered more precise guidance of when it plans to re-open the open-ended UK retail property fund which it shuttered following the Brexit vote.

The firm’s changes, which will affect its US core fund in particular, stem from investor demand for property type-specific investments.

The Washington, DC-based private equity firm is due to close on a much larger equity haul for its new real estate strategy by the end of the year.

Columbia Threadneedle Investments and Canada Life have now suspended trading on their UK retail property funds in the aftermath of Britain’s EU referendum result.

Fund accounting and custody services are the most likely operations to be contracted outside a real estate firm, according to a new study that also measured managers’ market sentiment.