Senior Housing

Sculptor Capital Management, Inc. announced the final close of Sculptor Real Estate Fund V with $4.6 billion in commitments, exceeding its $3 billion target and reaching its hard cap. The firm also raised an additional $825 million in co-investment capital, enabling investors to participate alongside the flagship fund in select opportunities.  Fund V anchors Sculptor’s broader real estate platform, which includes opportunistic credit and ...

NexPoint announced the successful full subscription of its NexPoint Lodging I DST, a $28 million Delaware Statutory Trust offering and the firm’s first DST vehicle dedicated exclusively to the hospitality sector.  The DST is backed by the Residence Inn Salt Lake City – West Jordan, a 99-key select-service hotel situated in a high-growth corridor of the Salt Lake ...

Kalshi, the fast-growing prediction market platform that allows users to trade on real-world events, has raised $1 billion in Series E financing, propelling the company to an $11 billion valuation. The round was led by Paradigm, with participation from an elite group of investors including Sequoia Capital, Andreessen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG, and Y Combinator.  Founded ...

The $11 billion Kentucky County Employees’ Retirement System (CERS) has approved a significant change within its specialty credit allocation, selecting Oaktree Capital Management to manage its approximately $287 million bank loan mandate across all CERS portfolios. The decision follows a search led by consultant Wilshire, which recommended replacing incumbent manager Shenkman Capital.  According to meeting materials, trustees determined that Oaktree’s performance ...