Sector Investment 24-Hour Briefing
×Real Estate Investment
LADWP plans to deploy $500 million in real estate this year to increase exposure to the asset class. ART will double its real estate program over the next five years with expanded fund investments across the US and Europe.
Infrastructure & Energy
OMERS faces performance headwinds from Europe and renewables while Norway's sovereign wealth fund achieves 18.1 percent returns in infrastructure. Quinbrook has appointed a new Australia managing director to lead its regional operations.
Healthcare Investment
Ascend Capital Partners closed its second fund with $791 million in commitments, exceeding its $700 million target. The healthcare-focused firm continues expanding its investment platform across the sector.
Real Estate Leadership Moves
Hongkong Land has appointed the former APG head of APAC real estate to oversee its Hong Kong portfolio and support growth strategy. The Asia real estate veteran brings extensive regional experience to the role.