Fundraising

The real estate secondaries market is growing considerably as it ages.

Following a first close toward the end of last year, the US manager hopes to wrap its largest-ever Euro fundraise by year-end.

Asia real estate is facing tough times. But the region’s underlying growth and diverse markets offer relatively more attractive opportunities than elsewhere.

The investment firm announced a final close for its self-storage fund.

The firm, a unit of Neuberger Berman, has acquired a minority ownership interest in the Austin-based alternative real estate manager.

The Singapore-based global investment manager held a final close on its sixth China income fund.

The top 20 managers in the sector increased their five-year fundraising by 80% last year. But with financial conditions souring, they now must brace for new challenges

Despite the close of another mega fund during the quarter, the year is now on pace to be one of the slowest since the GFC.

The New York-based manager raised more than half of Fund X’s total from non-US investors.

Following its 2019 restructuring, the bank’s real estate business has been making a hard push to catch up in real estate equity fundraising.