Evelyn Lee
The investment management arm of New York’s Related Companies has hired its first head of international capital markets.
The London-based residential specialist previously raised a Germany-focused fund after the global financial crisis.
The original justification for Canadian pension plans having standalone property platforms no longer holds up today.
But some investors had reservations about the Nordics even before Sweden’s property market woes became headline news.
Although capital flows are tightening across most of the globe, ESR’s Jeffrey Perlman explains this will be less the case in Asia-Pacific.
ESR’s Jeffrey Perlman is not focused on global domination. The firm’s ‘laser focus’ on Asia-Pacific will do just fine.
The industry veteran is departing after more than a decade at the asset management arm of the world’s largest bank.
The co-founder and CEO Europe of Pro-invest said the once-shunned property type is now attracting institutional investors for two reasons.
There are multiple reasons against the two firms’ real estate businesses consolidating after their merger closes later this year.
The consultant has hired a KKR executive to connect managers with new capital sources as follow-on commitments fall short of expectations.