Sector Investment 24-Hour Briefing
×Real Estate Investment
The S&P 500 fell 1.2% marking its first two-week loss since June. Entrata is working with Goldman Sachs and JPMorgan on an IPO. Morgan Stanley’s real estate investment management business has raised almost 75% of the capital targeted for its latest global opportunity fund series Morgan Stanley. London-headquartered Zaga Capital obtained circa €210m for its debut German residential fund Zaga Capital. Iran war concerns dominated the PERE Asia Summit, with delegates worrying about wider ripple effects on property markets Iran war. Bouwinvest opened to third-party capital expansion beyond its home market, highlighting Asia’s importance with plans for new strategies including Korea’s multifamily market Bouwinvest.
Infrastructure & Capital Formation
Six months after becoming Igneo’s global head of capital formation, Carolyn Gilchrist outlined her vision for a unified IR function underpinning growth Igneo. Italian pension fund INPGI issued two RFPs targeting €70m in infrastructure funds for both local and international investments INPGI. Jacksonville Police and Fire Pension Fund expects to reach its non-core real estate target by 2027 Jacksonville Pension.
Healthcare & Private Equity
A webinar featuring David Pivnick, partner at McGuire Woods, discussed habits and discipline for building elite careers in private equity Pivnick.
S&P 500 Ends Week Lower Entrata Working with Goldman Sachs Morgan Stanley Raises Global Opportunity Fund Zaga Capital Funds German Residential Fund Iran War’s Real Estate Implications Bouwinvest Expands Beyond Home Market Igneo’s Gilchrist Outlines IR Vision INPGI Issues €70m Infrastructure RFPs Jacksonville Fund Targets 2027 Real Estate Allocation Pivnick Discusses Private Equity Careers