allocation strategy

The real estate credit fund beat its $700m target and is more than 30% invested.

The Abu Dhabi sovereign investor and MassMutual will be channeling capital through the Charlotte-based manager for US, Europe and Asia-Pacific credit opportunities.

Eschewing long-held fee-reduction focus and limited private market allocation, state pension’s new direction includes interest in GP relationships in CRE mortgage space

This episode of The PERE Podcast discusses ICG’s retrenchment from Asia, following a line of Western managers doing the same. We also speak to Goodwin Gaw, chairman of Gaw Capital, about his views on the current trend and the firm’s renewed focus on the region.

This episode of The PERE Podcast looks at how a quest by private markets' biggest managers to service private wealth and insurance capital alongside institutional investors is creating a set of industry behemoths.

The $370bn Sacramento-based pension fund has moved to support more multifamily and industrial-focused strategies, including a $250m commitment to Greystar’s second real estate credit fund closing this week.

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.

The $370bn system invested $250m in a Greystar fund and allocated $500m to other commercial real estate debt. 

The Los Angeles-based manager has used the fund to add exposure to logistics, data centers, multifamily and mixed-use assets.