Bouwinvest, Tishman Speyer launch investment vehicle targeting premier office assets in leading U.S. cities
Tishman Speyer and Bouwinvest launched a separately managed account targeting core-plus and value-add U.S. office assets, with its first investment in the Chrysler Building ground lease. The affiliated Tishman Speyer office club holds about $700 million of equity, or $1.5 billion of purchasing power.
Northwind Group has closed its third debt fund on $1bn
Northwind Group closed Northwind Debt Fund III at $1B committed capital, doubling its $500M target, with investor base of pension funds, insurance companies, banks, and family offices; fund has originated $1.5B in senior real estate loans across major U.S. markets.
GEM finalises independent sponsors fund at its $685m hard cap
GEM has closed GEM Independent Sponsors Fund II at its $685m hard cap, drawing foundations, insurers, endowments and clients of its outsourced CIO business.
Stonepeak buys Chicago Parking Meters from consortium
Stonepeak has acquired Chicago Parking Meters, operator of the city's on-street parking system with more than 38,000 metered spaces, from a consortium of Morgan Stanley Infrastructure Partners, Allianz and an ADIA subsidiary. Financial terms were not disclosed.
Tether's $400M StableFund Targets $3B in Private Credit
Tether's StableFund has launched with $400 million and targets $3 billion in private credit.
Unicorn India Ventures launches US operations, appoints former Google executive Kishore Kanakamedala
Unicorn India Ventures appointed former Google executive Kishore Kanakamedala as Venture Partner to lead US expansion, following first close of its IIT Madras–Unicorn Frontier Fund I at ₹450 crore and closure of its third fund at ₹1,200 crore.