Led by Alicia Glen, MSquared recently closed its first fund after raising $108 million from investors including Citigroup, Goldman Sachs and Wells Fargo.
Noyack Capital Partners sees untapped opportunity in “mobility hubs,” which connect goods, services and transportation.
The disruption caused by the pandemic made off-market transactions more attractive for both investors and potential sellers.
Beijing’s property crackdown has curbed construction activity and squeezed financing to the sector.