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Last updated: May 27, 2026, 2:33 AM ET

Real Estate Investment Management

Delancey strengthened its fundraising capabilities with the addition of Emma Murray, a former Fiera Real Estate executive, as capital strategies director amid plans to launch new investment strategies. The hiring coincides with San Diego City Employees' Retirement System actively seeking real estate investment managers through a formal RFP process, signaling continued institutional demand for real estate allocations. Meanwhile, Starwood's private REIT redemption challenges appear to be an outlier as retail investor behavior has fundamentally shifted since the previous wave of redemptions that roiled the private REIT market.

Healthcare Private Equity

Water Street Healthcare Partners closed its sixth private equity fund, Water Street Healthcare Partners VI, securing $1.9 billion in total capital commitments, marking one of the largest healthcare-focused fund closings in recent months. The substantial capital raise reflects sustained investor appetite for healthcare services and pharmaceutical businesses despite broader market volatility.