Sector Investment 8 Hours

Last updated: April 10, 2026, 2:30 PM ET

Real Estate & Institutional Mandates

Ares Management is moving to privatize retail property owner Whitestone REIT in a definitive $1.7 billion transaction, marking the third such deal by a major private equity real estate manager over the last year. This activity comes as institutional capital continues to seek specific mandates; the Taunton Retirement Board is currently soliciting proposals from managers specializing in open-end core and core-plus real estate strategies. Separately, Arizona State Retirement System executives are maintaining a positive outlook on strategic recycling within their real estate portfolio, even as they adjust overall allocation targets, preferring the control offered by separately managed accounts (SMAs) for new opportunities ASRS’s Copeland.

Infrastructure Leadership Turnover

Senior departures are reshaping leadership in major European infrastructure investing desks, as Jan-Willem Ruisbroek, head of infrastructure at the massive €638 billion Dutch pension firm APG, announced his planned exit. Ruisbroek will depart on 1 July after nearly two decades of service to pursue a career break, signaling a period of transition for long-term asset stewardship at the fund.