Closings at the end of the month for Blackstone's latest European opportunity fund and the latest pan-Asia opportunity fund of PAG Group meant a relatively high aggregate for private real estate fundraising.
The Dutch pension fund was a first-time investor with the Boston-based private equity real estate firm, which raised 25% of the vehicle’s capital from Europe.
The New York-based manager’s €9.8bn closing for its BREP Europe VI fund sees it stay equity-rich as new opportunities emerge from the crisis.
The country’s super funds are reporting reduced valuations as they seek to understand the potential impact of the coronavirus crisis on their portfolios.
The firm has halted trading for both incoming capital and withdrawals in response to the coronavirus pandemic.
The Hong Kong-based alternative investment firm closed its seventh opportunistic fund.
Due diligence was conducted remotely through video conferences for investors who came in after the outbreak of the pandemic.
The firm believes a coronavirus-driven increase in online shopping will help to accelerate e-commerce penetration in the country over the next few years.
The US-based firm has closed its logistics-focused fund.
The sovereign wealth fund finalized a $150m commitment to the sector after entering into discussions at the end of last year.