Human Capital

Ron Kravit, ‘one of the main reasons’ one investor committed capital to the company, will step down after 22 years.

As ESG becomes more important to investors and reporting more onerous, firms evaluating how to man their efforts find myriad options.

Bernie McNamara, former JPMorgan Asset Management global head of alternatives investment strategy, will join the firm as part of a three-year succession plan.

Staffing to meet the skills required in this tech and data-driven age is one of many new challenges facing real estate managers, write Simon Havers and Hugo Healing of Odgers Berndtson

Heavyweight Australian investors back a new workplace diversity initiative as LPs admit the issue is a factor in their investment decision-making.

Chris Merrill, who just sold a 75% stake in Harrison Street, said many firms only consider leadership transitions when business is bad.

The actionable goals, discussed at last week’s PERE Europe conference, include collecting data, rethinking misconceptions about leave and tackling some required reading.

To tackle underrepresentation of female professionals, the private equity real estate industry needs to first address certain misconceptions, speakers said.

Blackstone, which said the discrepancy was due to three-quarters of its investment team in the country being male, pays men on average 30% more an hour.

The real estate sector’s condemnation of ‘the most un-PC event of the year’ has been swift. Now all eyes are on how it will act. The first test is MIPIM.