Christie Ou
Capital raised from European investors fell the most by almost 43% as the region was hard-hit by the denominator effect.
Former CEO Alvin Mah has left after 18 years at Alpha Investment Partners but will remain on the investment committee of a few Alpha funds.
The firm is also hiring investment professionals in Japan, Australia and South Korea as it expands its capabilities in these markets beyond only fundraising.
Jason Lee, the firm's Asia CIO, will gradually take over leadership responsibilities from David Schaefer as part of the succession planning for AEW's regional business.
Hong Kong's ESR will evaluate the sale of its stakes in Cromwell and subscale REITs as it looks to redeploy capital into its core businesses.
Dexus’s and Collimate’s combined fund management platforms will include 39 vehicles across real estate and infrastructure.
The plan comes less than a year after DNE raised its first China-focused fund to target the sector.
While long-term confidence in China remains, multiple organizations are uncertain or opposed to investing in the country at this time.
Multiple organizations believe they have a limited window to generate higher returns but more time to meet geographical allocation targets.
Japan’s comparatively low interest rate environment has dominated institutional capital’s considerations when investing in the region.