Tue, May 31, 2016
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. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit

  2. Investing - Billionaire Wilbur Ross likes the look of Chinese bad loans, Hedge funds are still relevant in a diversified portfolio: 4 fundamental criteria for superior manager selection[more]

    Billionaire Wilbur Ross likes the look of Chinese bad loans From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’

  3. Investing - Blackstone gives pricey Canadian energy and property thumbs down, One of the most concentrated hedge fund bets is getting crushed, Facebook is hedge funds' new tech darling,[more]

    Blackstone gives pricey Canadian energy and property thumbs down From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group

  4. Study - Only 30% of institutional hedge fund portfolios beat the benchmark[more]

    Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real

  5. Opalesque Exclusive: $1bn hedge fund club grows to 668 managers, continues to dominate (Part One)[more]

    Komfie Manalo, Opalesque Asia: Despite an underwhelming 2015 and a slow start to 2016 in terms of performance, one group of managers that continues to dominate the assets of the hedge fund industry is the so called $1bn club – hedge fund managers with at least $1bn in assets under management (AU