Sector Investment 24 Hours

Last updated: May 6, 2026, 2:30 AM ET

Private Markets Real Estate Capital Raising

TPG is preparing for a substantial influx of capital deployment, lining up three distinct real estate funds while planning to launch a fourth vehicle next month as part of a "major fundraising cycle." This activity contrasts with a temporary shift in M&A dynamics, where non-alts buyers are stepping in to acquire assets while large, publicly traded investment managers pause their transaction flow, according to Drew Murphy, a partner at Berks. Separately, Ancala launched its fourth flagship infrastructure fund targeting €2bn, exceeding the closing size of its oversubscribed predecessor, which secured €1.4bn in February 2024 against a €1.2bn target.

Sector Strategy & Compensation

Southern European property specialist Azora is expanding its international footprint by hiring Anne-Jan Jager, formerly of Partners Group, to spearhead growth in its existing U.S. platform and establish new European beachheads. This expansion comes as compensation trends suggest a recovery in real estate remuneration, with median gains reported across nearly all categories for industry professionals in 2025, based on the latest survey from Sousou Partners and PERE. Meanwhile, the growing appeal of infrastructure debt, potentially fueled by shifts away from private debt, is driving investor interest, though the underlying drivers separating the asset classes remain complex.