LONDON—According to a recent report, London based TH Real Estate is restructuring its US core fund and operations in response to investor demand for more specialized product types. The real estate giant is said to be remaking its TIAA-CREF Core Property Fund into the US Cities Fund series.
Chris McGibbon, TH Real Estate's Americas head, told one publication that the overall restructuring stemmed from investors' desire for direct investment opportunities, flexibility, and good performance, and was partially a response to the larger industry trend of fund sponsor concentration.”
He added that TH Real Estate's four feeder funds, along with the firm's larger slate of products, are attractive to managers seeking to reduce fees and complexity by allocating capital to fewer managers. “Nobody's going to pick us for everything, but if we can do four or five things for a lot of these global investors that have full alternative mandates, I think that's great.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
