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value-add

In a marketplace dominated by elite fundraisers, the biggest pools of institutional capital are getting what they need while the mega-managers are getting what they want
The previous fund in the investment manager's Asia value-add series, along with its co-investment vehicles, corralled $1bn in 2017.
The pension fund, among others, is concerned about the additional risks managers in the strategy are taking in order to meet higher return targets.
Real estate secondaries transaction volumes fell 39.2% during the first half of 2019 but the dip is expected to be temporary, according to private equity secondary advisory firm Setter Capital.
Whether the Boston-headquartered manager should fret over losing Gillian Chee, the manager of its incoming Asia core fund, is debatable.
The private equity real estate firm, focused on value-add investing in Sweden’s major cities, is extending its fundraising reach beyond domestic investors as it targets a $300 million haul.
Private equity heavyweight BC Partners is throwing its hat into the real estate ring at a frothy time for the sector, but division boss Stéphane Theuriau believes timing is irrelevant when you offer multiple risk and return strategies.
Europa Europe
The London-based manager launched its latest value-add fund, which has a €1bn hard-cap, only four months ago.
Stuart Sziklas will join the firm as head of US custom accounts on September 3, and will lead the portfolio managers overseeing $10 billion across the firm’s separately managed accounts.
The global real estate manager said while tenant bankruptcies have resulted in a $150m loss since 2018, it has a plan to reposition its retail portfolio with more resilient tenants.
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