Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Farallon Capital Management closes Farallon Real Estate Partners

Thursday, February 20, 2014

Bailey McCann, Opalesque New York:

California-based Farallon Capital Management, L.L.C. has closed Farallon Real Estate Partners, a U.S. real estate investment pool with commitments of $375m to additional investments. Opalesque reported yesterday on the political aspirations of former Farallon principal Tom Steyer.

FREP is targeting income-producing office, multifamily, retail, and industrial properties and will seek to take advantage of Farallon’s unique insights, proprietary deal flow, capital market relationships and global reach. Investors in FREP include endowments, foundations, family offices and corporate pension plans.

Farallon ’s U.S. Real Estate Team is co-headed by Fried and Hirsch who are supported by a team of 8 investment professionals. Both Fried and Hirsch have spent over 10 years at Farallon.

The firm says it sees current opportunities in commercial real estate in the US. Initial investments will focus on cities with high levels of current job growth.

"Farallon has been investing in real estate for over 20 years" said Andrew Spokes, Farallon’s Managing Partner. "Over that period we have allocated well over $3.2 billion of capital to more than 130 transactions in income-producing properties. Raising dedicated commitments allows us to pursue an investment program tailored to this strategy, fulfilling a targeted investor ......................

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  3. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  4. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released

  5. Hedge funds gain on Trump market rally, positive U.S. data[more]

    Komfie Manalo, Opalesque Asia: Hedge funds enjoyed meaningful returns in the week ending November 22, with the Lyxor Hedge Fund Index moving up 0.7% over the period (-1.6% YTD). From a broad perspective, all strategies ended the week on a positive note except for CTAs that ended flat. Event d