PERE Awards

In contrast to previous years, no single group took home more than three prizes in the regional category this year.

Jeff Giller, partner and head of StepStone Real Estate, explains how liquidity constraints and fundraising headwinds are accelerating growth of its real estate investment management business.

Fred Schmidt, managing partner and Asia chairman, and Julie Wong, managing partner and head of global capital raising at BGO, say a wave of non-core assets is creating a deep opportunity set for investors.

This year’s PERE Lifetime Achievement Award winner, Artemis Real Estate Partners co-founder Deborah Harmon, has proven that championing diversity and delivering strong performance are not mutually exclusive.

Marc Zahr, co-president of Blue Owl Capital and global head of real assets, sees investors gravitating towards scale, downside protection and long-term leases amid data center volatility and market uncertainty.

No single organization dominated this year’s awards, and few were repeated winners.

Hospitality market volatility is creating opportunity as the global recovery remains uneven, say Ascendant Capital Partners’ founder and chief executive Russell Gimelstob and co-founder and chief investment officer Alex Halpern.

The US manager won four of its five awards in the region where its fundraising dominance remains unchallenged.

Power, scale and capital are reshaping investment decisions, say Devin Chen, head of private equity portfolio management, and Casey Miller and Ian Curry of Principal Asset Management.

Stephen Gaitanos, founder and joint CEO of The Living Company, says despite market volatility, investors are prioritizing integrated platforms that combine capital, operations and branding.