Fundraising

As the region's markets have become less correlated, the fundraising environment now varies by geography and sector, says Lazard's James Jacobs.
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North American fundraising looks to be strong in 2020, but it is expected to be led by large managers once again. Alternative assets and tailor-made structures will be of particular interest to investors as well.
Should private real estate managers be aiming to serve smaller investors or just be focusing on the big, strategic investors? Ju-Hon Kwek, Partner at consultancy McKinsey & Company, answers that question
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Texas TRS seeded the fund with $990m and other investors followed suit, looking for liquidity and a passive approach to core real estate investment.
The capital advisory firm is adding to an Asia business that started in the region in the private equity sector six years ago.
The manager is eyeing the acquisition of a multifamily portfolio after deploying more than half the capital raised over three investments so far.
The Indian asset management firm achieves the first close of its second co-investment fund.
Opportunity Zones
December 31 is the cutoff for investors to achieve the full tax benefits of the program, but many managers have raised no capital.
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The stabilized assets in the existing mandate will be transferred to a new open-end vehicle set up by the same manager in China.
The Swiss bank has unveiled new incentives for existing investors as the exit queue for its UBS Trumbull Property Fund approaches $6bn.
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