Summary of Transaction Headlines

Private Equity Wire | “Blackstone Acquires $5 Billion Private Equity Portfolio from NYC Retirement Systems”

Blackstone’s Strategic Partners has acquired a $5 Billion private equity portfolio from the New York City Retirement Systems, marking one of the largest secondary transactions ever completed by a US public pension. The transaction includes approximately 450 limited partnership interests across 125 funds managed by 75 general partners. According to a statement from the NYC Comptroller’s Office, the sale forms part of a strategic portfolio realignment rather than a liquidity-driven divestment.

MarketScreener | “InterRent REIT to be Acquired by CLV Group and GIC in $4 Billion Transaction”

InterRent Real Estate Investment Trust has entered into an arrangement agreement with Carriage Hill Properties Acquisition Corp., a newly formed entity owned by CLV Group and GIC, pursuant to which the purchaser will acquire InterRent in an all-cash transaction valued at approximately $4 Billion, including the assumption of net debt. Under the terms of the agreement, InterRent unitholders will receive $13.55 per unit in cash, which represents a 35 percent premium to InterRent’s unaffected closing unit price on the TSX as of March 7, 2025, and a 29 percent premium to InterRent’s 90-day VWAP on the TSX as of May 26.

BE News | “Delin Property Appoints Nick Martin as New Chief Financial Officer”

Delin Property has appointed Nick Martin as the company’s new Chief Financial Officer. Martin, who has more than two decades of experience in corporate fund, and asset finance in markets across Europe, joins Delin from Palm Capital, where he was Chief Financial Officer for seven years. Prior to that, he worked at Tristan Capital as the Finance Director for three pan-European funds.

IPE Real Assets | “Archer Takes CFO and COO at BlueCastle Capital”

The build-to-rent developer and investment and asset manager has appointed Karen Archer to the role of Chief Financial and Operating Officer. Archer joins BlueCastle Capital with more than two decades of senior leadership experience in real estate investment management, most recently serving as Global COO, Global Real Estate, at Schroders Capital. In her new role, Archer will be responsible for leading BlueCastle’s finance and operational platforms, driving scalable infrastructure to support the company’s growth, and ensuring excellence across operations, governance, compliance, and investor reporting.

Commercial Observer | “AEW Capital Management Hires Lauren Holden as Head of Retail”

Global investment manager AEW Capital Management has hired Lauren Holden to lead its retail team. Holden previously served as Executive Vice President and Chief Operating Officer at ShopCore Properties, a retail real estate operator that is part of the Blackstone portfolio and will become a Managing Director and the Head of Retail at AEW. As part of her newly created position at AEW, Holden will be based in Boston and report to Mike Byrne, AEW’s Chief Investment Officer and Head of Private Equity.

IREI | “ULI Europe Appoints Jan Peter as COO”

The Urban Land Institute (ULI) has announced the appointment of Jan Peter as COO for the Europe region. He brings around 20 years of relevant experience and leadership in the real estate sector. Peter joins ULI from CoreNet Global, where for nearly eight years he was Vice President, Global Operations, based in Atlanta.

Nashville Post | “AJ Capital Partners Names Cory Warning as New Chief Operating Officer”

Nashville-based real estate investment manager and developer AJ Capital Partners has appointed Cory Warning Chief Operating Officer. Warning will oversee asset management and operations for the firm, contributing to AJ’s strategic growth initiatives across hospitality, residential, and mixed-use assets. Cory has a proven track record of operational leadership that will be instrumental to our next phase of growth.