Sector Investment 24-Hour Briefing

Real Estate Moves

LADWP plans to deploy $500 million in real estate investments this year to increase its exposure to the asset class. Hongkong Land has appointed a new Asia real estate veteran to oversee its Hong Kong portfolio and support its growth strategy. ART intends to double its real estate program over the next five years, expanding investments across the US and Europe.

Infrastructure Trends

OMERS faces challenges in Europe and renewables, while Norway’s sovereign wealth fund (SWF) reports supersized renewable infrastructure returns of 18.1 percent. Quinbrook has hired a new Australia managing director to bolster its infrastructure investments. These developments are highlighted in The Pipeline briefing.

Healthcare Financing

Ascend Capital Partners closed its second fund with $791 million in total commitments, exceeding its initial $700 million target. This significant capital raise positions the firm for expanded healthcare investments.