Newsline

Westwind Capital has completed the initial close of approximately €200 million ($228 million) across Westwind European Real Estate Partners I (WEREP) and associated sidecar investment vehicles.

Cheyne Capital has raised £3 billion ($3.97 billion) for its ninth European real estate lending strategy, according to various media outlets.

Blackstone has launched Blackstone Private Markets Fund (BXPM), a new, perpetual flagship strategy providing simplified access to Blackstone’s private markets platform in a single allocation.

Brookfield Asset Management and Canada Pension Plan Investment Board (CPP Investments) have launched a C$50 billion ($35.9 billion) Maple Fund to pursue large-scale investments in critical infrastructure and strategic industries across Canada, according to The Globe and Mail.

Urban Standard Capital has launched. Urban Standard Capital Luxury Real Estate Lending Fund.

Banor has launched a European senior real estate debt strategy targeting between €300 million and €400 million ($348 million and $464 million) of capital, according to IPE Real Assets.

Starlight Investments, a global real estate investment and asset management firm, announced the successful closing of Starlight UK BTR Fund II.

J.P. Morgan Asset Management announced the final close of J.P. Morgan Net Lease Real Estate Fund II (the fund), with $1.1 billion in total capital commitments.

LaSalle Investment Management has grown an existing mandate within its direct U.K. Custom Accounts business through a further capital allocation of more than £300 million ($404 million). The additional commitment, made by a longstanding local authority pension fund client, will take total assets under management across the client’s portfolios to £1 billion ($1.35 million) once the capital is fully deployed.

Ares Management Corp. has held a final close for its Japan Logistics Development Partners V (JDP V), the latest vintage in its Japan-focused logistics real estate development fund series. Raising ¥612 billion ($4 billion), including LP equity commitments and a GP commitment, JDP V closed at its hard cap and is nearly 50 percent larger than its 2021-vintage predecessor, JDP IV.

Mapletree Investments Pte. Ltd. has secured more than $500 million in equity commitments for the first close of its emerging Asia logistics development strategy.

BridgeInvest, an investment manager specializing in senior-secured real estate credit, has closed a substantial equity raise for its latest discretionary fund, BridgeInvest Specialty Credit Fund V LP (Fund V).

Nuveen and Nuveen Green Capital (NGC), a Nuveen affiliate and provider of sustainable commercial real estate financing solutions with more than $6 billion in AUM, have held a first close.

Landmark Properties has announced the initial closing of Landmark Realty Partners II, LP (LRP II) with approximately $140 million of aggregate capital commitments. The fund is seeking $500 million of total commitments and will invest in value-added real estate opportunities in the U.S. student housing sector.

Urban Partners has announced the first close of Urban Partners Credit II (UPC II), its latest real estate credit fund, marking a significant milestone for the firm’s expanding credit platform.

Machine Investment Group has held a final close for its Machine Real Estate Fund II (Fund II), the firm’s second flagship investment vehicle. Fund II reached its $350 million hard cap in primary commitments and has raised an additional $120 million in co-investments to date.

Broadview Real Estate Partners has held a final close for Broadview Real Estate Partners Fund II, raising $100 million. Investor interest in the fund exceeded capacity.

Real Capital Solutions (RCS) has launched the RCS Contrarian Office Fund, a private investment vehicle targeting class A and B office properties in primary and secondary U.S. markets experiencing financial distress.

Canyon Partners Real Estate has announced the final close of Canyon U.S. Real Estate Opportunity Fund, together with related entities and accounts (CREOF ). Commitments totaled approximately $570 million across the fund and associated accounts, surpassing the firm’s $500 million target.

Alpaca Real Estate (ARE) has held a final close of its inaugural vehicle, Alpaca Real Estate Fund (Fund I) with approximately $223 million in total capital commitments, inclusive of co-investments closed to date of approximately $21 million.