Harrison Connery

The vehicle’s $2.6bn final close came months before Brookfield agreed to buy the Los Angeles-based manager’s outstanding shares.

Americas head Brad Gries will assume the top job at the Chicago-based manager as incumbent chief executive Mark Gabbay transitions to executive chair. 

Continuity concerns over the manager’s $650m sale to Barings appear to be quelled as it pulls in its second-largest capital haul to date.

Hodes Weill and Cornell University’s annual report finds institutions lowered targets 10bps on average in 2025, the first decline in the survey’s 13-year history.

Pressure for payouts mounts as many 2020- and 2021-vintage funds continue to generate little to no distributions.

Head of private real estate Amy Cureton takes over for longtime real assets lead Bob Sessa, who has retired after 25 years with the fund.

The asset management giant's long-time property chief will transition to executive chair, according to an internal memo.

The country’s deglobalization push is causing groups like CalSTRS and CalPERS to consider globalizing their property portfolios.

Current property boss and long-time executive Chris McGibbon will retire after nearly 24 years with the company.

The firm, run by former AEW execs, targeted public pension investors via emerging manager programs.