Sector Investment 8 Hours

Last updated: April 10, 2026, 5:30 PM ET

Real Estate & Institutional Capital

Ares Management is proceeding with the $1.7 billion acquisition of retail-focused Whitestone REIT, marking the third privatization of a retail REIT by a major private equity real estate manager over the last year. This institutional shift comes as public pension funds remain active in mandate allocation, with the Taunton Retirement Board currently seeking open-end core and core-plus real estate investment managers via a formal RFP process. Meanwhile, leadership changes continue in the pension sector, as APG infra head Jan-Willem Ruisbroek prepares to step down on July 1 after nearly two decades managing assets for the €638 billion Dutch giant, citing a planned career break departing on 1 July.