The pension plan is targeting 'niche-type products' from experienced managers with a 'strong sourcing network.'
The Toronto-based manager has executed two European deals from its Real Estate Solutions strategy this month alone.
The pension fund committed $1bn to overseas direct real estate funds within six months last year.
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.
Real estate equity, debt and advisory professionals have responded to the Labour Party’s landslide.
A recovery in activity levels is forming as institutional appetite turns positive during the first half of 2024, says James Jacobs, head of real assets for Lazard’s private capital advisory group.
Five executives at the California-based investment manager have assumed new roles as two other professionals have left the firm.
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.
The manager is set to expand the Village Hotels brand it acquired for €800m to other European markets and the US.