Home Performance

performance

PCCP to close on $1bn for oppo fund – Exclusive

The real estate equity and debt firm’s PCCP Equity Fund VIII is expected to be nearly 70% larger than its predecessor.

Andie Kang: Out of the public glare

Andie Kang established Korea’s National Pension Service as one of the world’s pre-eminent private real estate investors, before swapping from public to private three years ago. Arshiya Khullar caught up with him at the country’s biggest investment manager IGIS Asset Management to hear all about it.

DOWNLOAD: How co-investment in private real estate is evolving

Managers and investors alike are approaching sidecars more frequently, in different ways and for new reasons. This increase in popularity, though, has led to some uncertainty.

Bell Partners fully exits Fund IV with 17% net IRR

The North Carolina manager’s first institutional fund beat its targets, but its latest vehicles may not fare as well.

Blackstone raises $17.3bn in BREP IX institutional close

The asset management giant expects to hit the $20bn cap for its latest global opportunistic real estate fund with retail investor closings to come.

Why impact investing is gaining ground

Shifts in governmental policy and investor values have led a number of real estate investment vehicles to focus on more than just financial returns.

Schroders focuses on alternatives to hit debut credit fund return target

The asset manager has committed an initial £70m of lending through its debut UK-focused vehicle across five loans.

Performance reporting needs greater standardization

It is difficult to gauge a manager’s track record if its limited partners are inconsistent in how they measure returns.

Word of mouth helps Alpha expand investor base for $1.1bn APAC value-add fund

The Singaporean manager’s third Asia-Pacific value-add fund has closed above its initial target.

Lone Star’s senior housing offload latest in European exit spree

The Dallas-based firm has unloaded hundreds of properties accumulated in the years following the global financial crisis as European investors embrace riskier investments.

Copyright PEI Media

Not for publication, email or dissemination