Harrison Connery
The €5.1bn acquisition of the insurer’s investment management business by the bank would also see the latter’s real estate business become significantly more diversified.
Commitments to the firm's latest opportunistic strategy are ‘materially higher’ than the figure revealed in its earnings statement, says CEO Harvey Schwartz.
The Los Angeles-based manager also expects to hold two real estate fund closes over the next two months.
Real estate equity in the US and Asia helped to drive the firm’s Q2 deployment in real assets to the highest level in over two years.
CalSTRS’s emissions tracking highlights the difficulties of decarbonization
The credit manager is looking to build out its portfolio in the space to complement its primary value-add strategy.
The firm’s president of North America believes NIMBYism will cause development to stall and rents to rise in the popular sector.
The New York-based housing specialist’s fund was backed mostly by US investors, including the Virginia Retirement System.
The firm’s CEO said $2trn in projected capital expenditures in data center development globally will create ‘unprecedented opportunities.’
Hamid Moghadam, however, is less concerned about the direct impact of tariffs on China.