Sector Investment 3 Days

Last updated: May 27, 2026, 5:43 AM ET

European Fundraising Momentum

European real estate fundraising is running hot. Stoneshield closed its fourth opportunity fund at €1.5bn, a Southern European record that it pulled together in under six months, while Delancey tapped ex-Fiera Real Estate's Emma Murray as capital strategies director to support new strategy launches. The hiring signals that managers are building capacity to deploy capital faster. Meanwhile, Newmark is pushing a hybrid model for European self-storage, pitching the sector as both a real estate and operating platform to attract investors wary of pure-play asset strategies. On the institutional side, San Diego City Employees' Retirement System put out an RFP for a real estate investment manager, a public pension seeking exposure to the asset class at a moment when private capital appetite across the continent is surging.

Private Equity Fund Closings

Healthcare private equity continues to attract capital. Water Street Healthcare Partners VI closed with $1.9 billion in commitments, marking its sixth fund and reflecting sustained investor demand for healthcare buyout strategies. That appetite stands in contrast to pockets of distress in niche private markets. Starwood Capital's private REIT has seen redemption pressure, though analysts say retail investor behavior has shifted enough since the 2022 wave that the episode remains an outlier rather than a trend. The divergent signals — record European real estate closes versus selective private REIT outflows — suggest capital is rotating toward higher-quality, specialized strategies even as the broader private markets tighten.