real estate

Private equity and real estate secondaries funds raised $12.7bn in the first half, an almost 50% drop year-on-year.

PAREF VII, which invests in primaries, secondaries and co-investments, has received an extra $30m from Missouri LAGERS.

The investment bank is co-investing alongside a private equity real estate firm to buy a Budapest-based developer from TPG Real Estate.

The pension committed $100m to Landmark's real estate secondaries fund, the first it has made with a secondaries manager that is not Ardian or Lexington.

North Carolina Department of State Treasurer made a $250m commitment to the fund.

Patrick Knechtli, a partner with SL Capital Partners, is leading the merged entity's private equity secondaries business.

Greenhill's Bill Thompson has joined the firm's PCA group as co-chief executive alongside Nigel Dawn.

The French private investment unit's plans include a €175m 'hybrid fund of funds' with secondaries and co-investment pockets.

The Carlyle subsidiary has been in market since January last year seeking $1bn to invest in real estate secondaries.

But is the firm’s Swiss secondaries rival paying as much attention these days?