Recent events in India have put the sector under political scrutiny, with questions being asked about the ethics of profiting from the poor.
The $26bn Commonfund has been serving the investment needs of US endowments since 1971. It is now trying to broaden its horizons
A recent PEI visit to Milan discovers a market returning to its roots and facing up to some uniquely Italian challenges.
The San Ramon, California-based multifamily operating partner has secured an equity investment from 29th Street Capital, a recent platform that invests high-net-worth capital. The firms are targeting a $60m fundraise as they source JV equity for deals in the western US.
The real estate investment arm of the insurance giant is launching an industrial development vehicle focused on Brazil and retail development fund targeting China. The funds could be limited to a small number of large LPs.
The government is gearing up to launch a vehicle that will allow the capital markets to refinance PPP debt post-construction without exposing them to project risk. The bonds issued will have the same rating as the French state (AAA) in projects where it is the procuring authority.
The Carlyle Group is setting its investment focus on mezzanine opportunities in the energy sector with the launch of a new fund.
Morgan Stanley Credit Partners raised just under $1bn for its debut fund, which focuses on corporate mezzanine deals in North America and Europe.
Investors will ‘sacrifice’ returns and diversification if they overlook China, Brazil and India. However, targeting the three countries’ real estate markets demands a longer-term investment horizon and plenty of due diligence.
The Sub-Saharan Africa-focused fund has attracted commitments from CDC and IFC. It will invest around 50% of its capital in infrastructure-related projects.