real assets

GP-leds are the hot topic after a big year for real estate secondaries as fundraising slows.

At least one LP reports intention to divest from NCH Capital’s Russia and Ukraine-focused agribusiness investments as quickly as possible.

The transaction marks the asset management giant's latest logistics-focused deal through its debut real estate secondaries vehicle.

The €21bn transaction is the second large recap the firm has done in five months that utilised little or no secondaries capital.

Blackstone’s Mileway deal is further evidence liquidity doesn’t have to come from the secondaries market – and that’s not necessarily a bad thing.

The $71.6bn pension is undertaking a multi-year strategy to replace infrastructure and natural resource equities with private investments.

The Minneapolis-based firm expects to finish deploying its most recent programme, Clean Growth Fund V, by the end of this quarter.

UBS's 2008-vintage infrastructure fund holds a stake in Southern Water, which is trying to come back from a record fine for environmental breaches.

Appetite for secondaries rises as more investors recognise it as way to increase exposure to real estate, according to James Jacobs, head of real estate for Lazard’s private capital advisory group.

The alternatives giant has closed at least three balance-sheet real estate secondaries deals prior to launching a formal fundraise for the strategy.