Fri, Mar 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Fundraising for private real estate funds declines in Q2

Wednesday, July 04, 2012

From Komfie Manalo, Opalesque Asia – Fundraising for private real estate funds declined in the second quarter compared to the first three months of 2012, according to the latest data from information provider Preqin.

In its latest report, Preqin said that fund raising activities in the second quarter has been slower than the level seen each quarter last year and the first quarter of 2012.

It added that at least 27 closed-end private real estate funds raised an aggregate $7.5bn in its final close in Q1 2012, and a further three real estate funds of funds closed in the quarter, having raised an aggregate $1.3bn. But despite the figures showing an improvement between 10% and 20%, they were still below previous fundraising activities.

Andrew Moylan, Manager, Real Estate Data at Preqin commented, "Q2 2012 saw capital raised for private equity real estate funds fall for a second successive quarter. The $7.5bn total was a decline on the $10.8bn raised in Q1 2012 and the $15.9bn raised in the final quarter of 2011. It remains extremely tough for fund managers to hold final closes as a result of the level of competition and the significant number of institutional investors which are not actively investing in new private real estate funds. With 453 funds now on the road, it is harder than ever for managers seeking capital for real estate funds to stand out from the crowd. Some managers have had consi......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner