24.10.2008 - ME: Caution hits private equity fundraising for real estate
From Cpifinancial.net: Third quarter private equity real estate fundraising remains strong but smaller fund managers struggling. Smaller private equity real estate firms set to struggle as investors become more cautious when making new commitments. Although fundraising for private equity real estate remains high, cautious investors have been less willing to invest with smaller fund managers, and it is the larger fund managers that have enjoyed success in the third quarter. The value of funds raised has remained high; however the number of funds closing has dropped significantly, leading to significant congestion and difficulties in the fundraising market..... Full Article: Source
Print