The London-based asset manager has brought aboard Thomas Guyot who previously worked for French property companies connected to Caisse des Depots and Morgan Stanley Real Estate Investing.
Through its venture with Canyon Capital, the $263 billion state pension system has made two more investments in early-stage real estate managers, bringing the total number of firms selected to four.
The $112.4 billion pension plan has committed an additional $200 million of equity to the Chicago-based investment manager to deploy in new global real estate co-investment opportunities.
Copenhagen-based PFA Pension, which is in the early stages of an international expansion strategy, has committed £50 million to Resolution Real Estate Fund IV, which just made its maiden investment.
The Beijing-based private equity real estate firm has made its second investment in the US property market on behalf of high net worth individuals in a sign that rich Chinese individuals are warming to multi-asset funds overseas.
The $75.64 billion pension system disclosed the names of all 25 fund interests in its massive real estate secondaries offering yesterday. It also committed $185 million to Prologis’ second open-ended core fund focused on Europe.
Établissement Retraite Additionnelle de la Fonction Publique has charged the real estate business of French insurer AXA with building it a core property portfolio over 10 years that complies with its socially responsible guidelines.
The Canadian pension plan has bought a 50 percent stake in eight central London offices for £173.9 million from the BT Pension Scheme and has formed a longer-term joint venture to gather more assets.
Chris Bates has joined the real estate investment manager from Harville as it seeks to increase its lending footprint beyond the US.
London-based Internos Global Investors has held a second close for its Hotel Real Estate Fund I, with the equity coming from an all-German cast of investors and zero co-investment from the general partner.