Stafford International Timberland VIII raised $612.5m versus a target of $500m
Commercial property allocation gains 10.5%; timberland loses 7.4%
Pension fund to make around five infrastructure investments this year
Gresham House will pay up to £25m for FIM; Plans to raise £15m via share placing to part-fund acquisition
Kempen plans to achieve €100m in assets under management by the year-end
Timberland provides diversification and stable returns, and can help reduce an investor’s carbon footprint. Florence Chong and Christopher O’Dea report
Qualitas has seeded the fund with assets acquired from Australian flour supplier Allied Pinnacle.
Real estate and infrastructure assets under management fall from €6.3bn to €2.1bn