Key Takeaways
- • Real Estate Capital Europe (REC Europe) is transitioning its coverage into PERE Credit, a soon-to-be globalised affiliate, with this edition described as the final REC Europe Term Sheet.
- • Ares Management is reported to have raised more than half its target as it gathers capital for US and European lending strategies.
- • Stoneshield has raised €1.5bn in six months for a fund targeting Southern Europe, according to the publication's briefing.
- • The briefing is exclusively for subscribers and covers several additional fundraising and market developments.
Summary
Ares Management is reported to have raised more than half of its target as it gathers capital for lending across the United States and Europe. The source characterises the figure as a report rather than a confirmed final close, and the precise target and amount raised were not disclosed in the briefing excerpt.
Stoneshield has raised €1.5bn in six months for a fund focused on Southern Europe, a pace the briefing highlights as a quickfire fundraise. The fund's size and rapid timeline signal continued institutional appetite for Southern European real estate exposure.
The briefing also includes further items for subscribers. The available excerpt does not provide additional detail on those items, so this summary is limited to the three developments described above.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.