real assets

A recent GP-led deal involving an evergreen structure represents a novel way for infrastructure investors to hold on to assets. The question is whether such transactions can scale.

Allianz Global Diversified Infrastructure Equity Fund will pursue primary fund commitments, secondaries transactions and co-investments globally.

The advisory firm expects a surge in manager-led recaps to avoid forced sales or to hang on to promising assets for a longer duration.

StepStone Real Estate Partners IV, which has been in market since April last year, raised twice as much as its predecessor to invest in complex secondaries deals.

Kempen Capital Management’s director, private markets, Marvin de Jong, warns that the covid-19 crisis is not a re-run of 2008.

Stafford expects infrastructure secondaries deal volume to almost double by 2025 to $10bn.

Principal Ryan Ramsey says a limited pool of buyers helps make the nascent secondaries market an exciting space within agriculture.

The fund, which will be managed by Allianz Capital Partners, will invest in infra funds directly, via secondaries as well as in co-investments.

The coronavirus crisis has accelerated the transformation of real estate secondaries and presented tangible opportunities for buyers with the right information.

The $515bn Canadian asset management giant has hired two Partners Group executives to help with the effort.