Meghan Morris
Meghan Morris is the senior Americas reporter for PEI Media’s private markets real estate title PERE. Based in New York, Meghan covers news and trends in the private equity real estate industry and is responsible for PERE’s social media engagement. She has previously written for Bloomberg, Crain’s Chicago Business and various business-to-business publications. Meghan received undergraduate and graduate degrees from the Medill School of Journalism at Northwestern University.
The Cleveland, Ohio-based investment firm raised over $100m more for its second Townsend Real Estate Alpha Fund than it did for Fund I.
Transactions globally rose 71% year over year, led by US pension fund sales, according to Landmark Partners’ latest tally.
The country’s biggest pension fund has been pruning relationships with external managers and shifting its real estate allocation into safer investment strategies.
The state pension plan has invested in two previous Metropolitan funds.