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UBS, GCM Grosvenor and Abrdn have committed £145m across two funds managed by Matter Real Estate for its Placefirst housing business.

Although part of a 183-year-old family business, the Dutch asset manager is the new kid on the block when it comes to third-party capital management.

With its partner funds around £850m underweight to UK real estate, the LGPS pool is poised to begin deploying from its latest vehicle, says head of real estate Alistair Smith.

Border to Coast Pensions Partnership has established core and value-add vehicles with a combined target of £1bn in partner fund commitments.

The New York-based firm has named a new global head of capital raising and investor relations, following Richard Price's departure in August.

The duties of Charles Weeks will be split between two long-standing Barings senior executives when he retires at year-end.

The UK manager is aiming to raise capital for a dedicated continental European vehicle with the aim of beginning lending this year.

A warning by Aberdeen Standard Investment’s real assets boss Neil Slater was among the headline statements made by private real estate executives on a commercial real estate panel at the two-week climate change conference in Glasgow.