Harrison Connery
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.
The pension plan is targeting 'niche-type products' from experienced managers with a 'strong sourcing network.'
The new London-based manager launched by ex-Harrison Street Europe executive Daniel Gorzawski raised the capital for a specific UK living sectors portfolio acquisition.
Once more of a rarity in fundraising, rolling first closes are increasingly becoming a make-or-break factor for managers during a difficult capital-raising environment.
The asset manager raised 60% of the commitments for its latest opportunistic real estate vehicle from new investors.
Two fund closings this week demonstrate how targeting below-average deal sizes can give managers an edge.
The firm is looking to deploy most of the $915m raised for the vehicle into deals averaging $10m in size.
The New York- and London-based manager has reduced the fund’s target deal size as a reflection of where it sees distress emerging.
With a target of $8bn, Carlyle Realty Partners X is shaping up to be one of 2024’s largest fundraises.