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Sovereign Wealth Funds Briefing - Categorized | Market

Hillwood, sovereign wealth fund team up for $1bln venture

Posted on 13 November 2013

A major sovereign wealth fund and Ross Perot Jr.’s Dallas-based Hillwood Investments announced Tuesday the initial closing of their new fund to invest in $1 billion of industrial real estate. The real estate targeted for investment will primarily be large warehouses in North America. Hillwood will acquire, develop and form joint ventures with other developers.
“The new fund provides the investment flexibility to target the highest risk-adjusted returns available across the industrial warehouse asset class, without being restricted by a narrow investment target,” said Perot, chairman of Hillwood, in a written statement………………………………………..Full Article: Source


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