Wed, Sep 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Fund raising for private real estate funds continues strong growth in Q3

Wednesday, October 02, 2013

Komfie Manalo, Opalesque Asia:

Fundraising for private equity real estate funds continue to enjoy robust growth in the third quarter of 2013 as indeed the sector generated an additional $18bn during the quarter, to reach $39bn in total assets raised in the six months of Q2 and Q3 combined. This represents a 56% rise compared to the $25bn raised in the same six-month period last year, according to data and intelligence firm Preqin.

In its latest report, Preqin said an aggregate $46bn was raised by private real estate funds so far in 2013, compared to $38bn in the first three quarters of 2012.

This year’s fundraising for private real estate funds saw a steep climb compared to when a similar Preqin survey of 180 institutional investors in the sector in February last year wherein capital raising was low. The decline in private real estate funds fundraising continued to decline in Q2-2012 as Preqin noted that capital-raising was slower than the level seen in each quarters of 2011 and Q1 of 2012.

Other key facts of the Q3-2013 fundraising are, according to Preqin:

    ......................

    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. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style