The recent launch of two Article 9 transition funds demonstrates how real estate’s understanding of the SFDR classification is evolving.
The Texas-based manager has bucked a wider private real estate capital market malaise by hitting the $746m hard-cap for its latest Sun Belt states logistics-focused vehicle.
Private real estate insiders point to the key factors that made Julie Donegan the winning candidate for one of the industry’s most high-profile jobs.
Julie Donegan’s promotion to head of real estate at CalSTRS is part of a recent wave of leadership transitions among the largest property allocators.
Taking charge of the pension giant’s $50bn AUM property business is a daunting task. But Julie Donegan is prepared for the challenge.
The strategy is the second-largest in the Los Angeles-based firm’s real assets business after US real estate equity.
Exits include its shares in Chinese logistics company CNLP and all of its non-performing loans in the country.
If fundraising continues at its current place, the year is on track to end with the lowest amount raised since 2012.
Well-known capital advisory specialist JC Klein has joined the Augsburg-based manager to spearhead its activities in the Middle East.
The investor has announced $1bn of commitments across two direct private real estate funds within the past year.