Blackstone Raises Record $30.4 Billion for Real Estate Fund
The private equity giant has shifted from offices and malls to logistics, rentals and hospitality assets.
The private equity giant has shifted from offices and malls to logistics, rentals and hospitality assets.
The $1.3 trillion pension giant is currently prohibited from investing in the asset class, but that may change.
Investors rethink allocations as performance volatility arises.
With no drop-off in reported climate commitments, implementation is the next challenge, according to Robeco research.
The strategy is part of Healthcare of Ontario’s plan to get its portfolio to net-zero greenhouse gas emissions by 2050.
Despite downturn, the $684.5 billion fund’s losses were offset by an increased allocation to alts.
While a far cry from 2021’s 53.2% return, the pool outperformed its benchmark by 660 basis points.
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.
The investment accounts for half of the $242 billion pension fund’s January commitments.
The digital asset manager will become Coinbase Asset Management, with CEO Eric Peters remaining on board.