Sector Investment 3 Days

Last updated: May 20, 2026, 8:37 AM ET

Specialty Real Estate

Canadian pension giant CPP Inve is broadening its direct investment playbook by taking a minority stake in Blackstone's French logistics platform Proudreed, marking the fund's first European co-investment and signaling a push into continental real estate through "creative ways," according to regional head Tom Jac. The move comes as part of a broader specialty real estate land grab among institutional investors, with CPP also chasing last-mile logistics and self-storage opportunities that Heitman and other experienced operators are racing to capture. Meanwhile, lagging fund performance is drawing scrutiny from LPs, with Step Stone Real Estate's Jeff Giller warning on the PERE Podcast that managers are taking "a lot of unnecessary risk" as the market metric every investor is watching suggests fading confidence in core-plus strategies.

Healthcare & Adviser Moves

In healthcare private equity, Brightstar Capital Partners invested in Simon Eye Holdings, an integrated vision care platform founded in 1987 and based in Wilmington, Delaware, adding to the sector's deal momentum. Across the Atlantic, King Street appointed Sujan Patel as senior adviser to its European real estate business, replacing co-head Paul Brennan as the firm sharpens its focus on the continent amid rising institutional demand for specialty assets.