Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Private real estate fund managers see concentration of capital inflows to unprecedented levels

Thursday, September 21, 2017

Komfie Manalo, Opalesque Asia:

The top 100 largest private real estate fund managers have generated the largest capital inflows with 62% of all capital raised for the asset class over the last 10 years, Preqin said in its inaugural Private Real Estate Top 100 report. The report added that capital concentration in the real estate industry has reached unprecedented levels.

In fact, the 20 largest funds closed in the last ten years have all been raised by just five fund managers, and have secured close to $150bn in institutional capital commitments collectively.

Oliver Senchal, head of real estate products at Preqin stated, "With the private real estate industry seeing increased concentration of capital at the top end of the market, the influence of the top 100 real estate fund managers has never been greater. Collectively, these fund managers account for two-thirds of fundraising over the past decade, and consequently are able to influence the fundraising and deal activity of the market to a large degree."

This dominance among the largest fund managers is matched by the influence of the largest investors allocating to the asset class. Generally, institutions report that they are satisfied with their real estate portfolios, and retain strong appetite for real estate investment. This is particularly true of the largest real estate allocators, though: the top 100 largest investors in real estate collectively account ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1