FUNDS IN MARKET/COMING TO MARKET
FUND | FIRM | HEADQUARTERS | STRATEGY | TARGET (M) |
Global funds | ||||
N/A | Alpha Real Capital | London | Europe/Asia diversified | €400 |
Baynorth Realty Fund VII | Baynorth Capital | Boston | US / Europe diversified | $400 |
Beacon Capital Strategic Partners V | Beacon Capital | Boston | US / Europe diversified | $3,000 |
Blackstone RE Partners VI | The Blackstone Group | New York | Global diversified | $8,000 |
Colony Investors VIII | Colony Capital | Los Angeles | Global diversified | $2,000 |
Cherokee Investment Partners IV | Cherokee Investment Partners | Raleigh (NC) | US / Europe brownfeld | $1,000 |
Contrarian Real Estate Fund | Contrarian Capital | Stamford (CT) | US/Europe distressed | $250 |
GoldenTree In Site Partners Oppty Fund | Golden Tree InSite Partners | New York | Global diversified | $500 |
N/A | Grove International Partners | London | Europe / Japan diversified | N/A |
Lone Star Fund VI | Lone Star Funds | Dallas | Global diversified | $6,000 |
N/A | Merrill Lynch | New York | Global diversified | $1,000 |
Morgan Stanley Real Estate Fund VI International | Morgan Stanley | New York | Global diversified | $8,000 |
N/A | Perella Weinberg Partners | New York | Global diversified | N/A |
Rockpoint Real Estate Fund III | Rockpoint | San Francisco | Global diversified | $2,000 |
WCP Real Estate Fund I | Westport Capital Partners | Westport (CT) | Global diversified | $500 |
Westbrook Real Estate Fund VII | Westbrook Partners | New York | Global diversified | $1,000 |
Global funds subtotal | $34,404 | |||
North America funds | AEW | |||
AEW Value Investors II | Boston | US diversified | $500 | |
AG Realty Fund VI | Angelo Gordon | New York | US diversified | $500 |
Avenue Real Estate Fund | Avenue Capital | New York | US distressed | $300 |
Blackacre Institutional Partners | Blackacre | New York | US distressed | N/A |
BPG Investment Partnership VIII | BPG Properties | Philadelphia | US diversified | $650 |
Brascan Real Estate Opportunity Fund | Brascan | New York | NA diversified | $1,000 |
Broadway Real Estate Partners III | Broadway Partners | New York | US office | $1,000 |
Buchanan Fund V | Buchanan Street Partners | Newport Beach | Global diversified | $400 |
Carlyle Realty Partners V | The Carlyle Group | Washington DC | NA diversified | $1,500 |
CASA Partners IV | Henderson Global Investors | Chicago | US multi-family | $300 |
Ceres Realty Fund II | BlakelyStern Investment Advisors | New York | US northeast diversified | $100 |
CIM Urban Real Estate Fund III | CIM Group | Los Angeles | California diversified | $750 |
CREF IV | Calare Properties | Hudson(MA) | US northeast diversified | $30 |
Crown Capital Opportunities Fund | Crown Capital | St. Louis | US diversified | $200 |
N/A | Crescent Hotels and Resorts | Fairfax (VA) | US hospitality | $350 |
Cronus Capital Fund I | Cronus Capital | New York | US diversified | $200 |
Colony Realty Partners II | Colony Capital | Los Angeles | Global diversified | $1,000 |
Concierge Apartment Fund | Concierge Asset Managment | Tiburon (CA) | US multi-family | $250 |
Cornerstone Apartment Ventures III | Cornerstone Real Estate Advisors | Hartford (CT) | US residential | $400 |
Crocker Partners IV | Crocker Partners | Boca Raton (FL) | Global diversified | $300 |
Dunmore Capital Fund | Dunmore Capital | Sacramento (CA) | California development | $200 |
Embarcadero Capital Partners Fund II | Embarcadero Capital | San Francisco | US office | $400 |
Fidelity Real Estate Growth Fund III | Fidelity | Boston | US diversified | $750 |
Fremont Strategic Property Partners III | Fremont Realty Capital | San Francisco | US diversified | $750 |
Harrison Street Real Estate Partners I | Harrison Street | Chicago | North American diversified | $150 |
Hampshire Partners Fund VII | Hampshire Partners | Morristown (NJ) | US diversified | $350 |
Hanover Real Estate Pertners III | Hanover Financial | Los Angeles | Western US diversified | $250 |
Hearthstone Path of Growth II | Hearthstone Advisors | San Rafael (CA) | US development | $500 |
Heitman Value Partners II | Heitman | Chicago | Global diversified | $800 |
Henderson Manager of Partners Fund | Henderson Global Investors | Chicago | Global diversified | $200 |
HG Capital VII | HG Capital | Menlo Park (CA) | Western US diversified | $65 |
Hines US Ofce Fund | Hines | Houston | US office | $650 |
House Investment RE Opportunities Fund IV | House Investments | Indianapolis | US development | $30 |
Hudson Real Estate Fund IV | Hudson Realty Capital | New York | US diversified | $300 |
Hunter Chase Real Estate Opportunity Fund | Hunter Chase | Irving (TX) | US diversified | $250 |
ING Lion Mexico Fund | ING Clarion Partners | New York | Mexico diversified | $500 |
Intercontinental Fund IV | Intercontinental | Boston | Value-added US diversified | $250 |
InvestLinc Real Estate Capital 3 Fund | Investlinc Group | Chicago | US diversified | $150 |
Invesco Real Estate Fund III | Invesco Real Estate | Dallas | US diversified | $500 |
JBC Opportunity Fund III | John Buck Co. | Chicago | US diversified | $300 |
JER Real Estate Partners IV | JER Partners | McLean (VA) | US diversified | N/A |
KBS Best Property Fund II | KBS Realty Advisors | Newport Beach (CA) | US diversified | $500 |
KMF Senior Housing Investors Fund | KMF Senior Housing Investors | Chicago | US senior housing | $250 |
LaSalle Canadian Income & Growth Fund II | LaSalle Investment Management | Chicago | Canada diversified | $350 |
LaSalle Medical Ofce Fund II | LaSalle Investment Management | Chicago | US medical office | $350 |
Lazard Freres Strategic Realty Investors III | Lazard Freres & Co. | New York | US healthcare | $500 |
LBA Realty Fund III | LBA Realty | Irvine (CA) | US office / industrial | N/A |
Lexin AmTrust Real Estate Partners II | Lexin Capital | New York | US residential | $150 |
Macfarian Special Situations Fund | Macfarian Capital Partners | Dallas | NA healthcare, residential, other | $1,000 |
Macfarlane Urban Realty Partners | Macfarlane Partners | San Francisco | US urban diversified | $1,000 |
Madison Marquette Retail Enhancement fund | Madison Marquette | Washington DC | NA retail | $350 |
Market Street Capital | DivcoWest | San Francisco | US office | $650 |
Miller Global Fund V | Miller Global Properties | Denver | US diversified | $300 |
Urban Strategy America Fund | New Boston Fund | Boston | US urban redevelopment | $200 |
O’Conner North American Property Partners | O’Conner Capital Partners | New York | North American diversified | $750 |
Palisades Distressed/Value-Added Fund | Palisades Financial | Englewood Clifs (NJ) | US diversified | $200 |
Perry Capital Partners | Perry Capital | New York | US diversified | $150 |
Genesis Workforce Housing Fund | Phoenix Realty | New York | Los Angeles residential | $175 |
Metropolitan Workforce Housing Fund | Phoenix Reality | New York | US residential | $250 |
Place/Blue Vista Student Housing Fund | Place Properties/Blue Vista Capital | Atlanta/Chicago | US student housing | $200 |
PLA Industrial Fund II | Prudential Real Estate Investors | Parsippany (NJ) | Mexico industrial | $140 |
PLA Residential Fund II | Prudential Real Estate Investors | Parsippany (NJ) | Mexico residential | $400 |
Prudential Senior Housing Partners III | Prudential Real Estate Investors | Parsippany (NJ) | US senior housing | $300 |
RCG Longview Equity Fund | Ramius Capital Group | New York | US diversified | $300 |
Sentinel Realty Partners VII | Sentinel Real Estate Corporation | New York | US diversified | $200 |
Somera Realty Value Fund II | Somera Capital | Santa Barbara (CA) | US diversified | $300 |
Square Mile Fund I | Square Mile Capital Management | Greenwich (CT) | US distressed | $300 |
Sterling American Property Fund V | Sterling American Property | New York | US diversified | $600 |
Stillwater Real Estate Partners Fund | Stillwater Capital | New York | US residential | $50 |
FUNDFIRMHEADQUARTERSSTRATEGYTARGET (M)Stratford Lane Fund IIIThe Stratford CompanyTacoma (WA)US land$300TA Associates Realty Fund VIIITA AssociatesBostonUS diversified$900Thor Urban Retail Fund IIThor EquitiesNew YorkUS retailN/AUrdang Value Enhancement Fund VIUrdang Capital Mgmt.Plymouth Meeting (PA)US diversified$450North America funds subtotal$28,640Europe fundsArminius Real Estate Opportunity FundArminius AdvisorsFrankfurtGermany distressed€300Capmark UK Realty Partners FundCapmark FinancialHorsham (PA)UK diversified€250Carlyle Europe Real Estate Partners IIIThe Carlyle GroupWashington DCEuropean diversified$1,500N/ACatalyst CapitalLondonEurope diversified€500CBRE Strategic Partners Europe FundCB Richards Ellis InvestorsLos AngelesEurope diversified€600CBRE Strategic Partners UK FundCB Richards Ellis InvestorsLos AngelesUK diversified£300Colony Europe IIColony CapitalLos AngelesEurope diversified€500Elgin Capital FundElgin CapitalDublinBerlin residential€60EPI Baltic IEVLI BankHelsinkiBaltic states diversified€100 – €150European Continental RE FundClearbrook Capital PartnersLondonEurope diversified£1,000Global Property FundGlobal FinanceAthensBalkan development$150Hines European Development FundHinesHoustonEurope development$430JER Real Estate Partners Europe 3JER PartnersMcLean (VA)Europe diversified€300LaSalle UK Venture FundsLaSalle Investment ManagmentChicagoUK diversified€2,200MIL Equity PartnersEquityInvestBostonEastern and Central European diversified$100Central European Industrial FundMorley Fund Mgmt/Teesland i0GLondonCentral/Eastern Europe industrial€160NIAM Nordic Investment Fund IVNewsec Incentive Asset Mgmt.StockholmNordic region diversifiedN/APatron Fund IIIPatron CapitalLondonEurope diversified€500Tishman Speyer European Real Estate Venture VITishman SpeyerNew YorkEurope office€500Europe funds subtotal$12,100Asia/RoW fundsAG Asia Realty FundAngelo GordonNew YorkAsia diversified$300Anand Rathi Realty FundAnand RathiMumbaiIndia diversified$120Appian Indian Real Estate PortfolioAppianN/AIndia Diversifed$150Horizon Realty FundCapitaland/Pantaloon RetailSingapore/MumbaiIndia retail$350Carlyle Santa Fey Real Estate FundThe Carlyle GroupWashington DCIndia diversified$300Colony Asia Investors IIColony CapitalLos AngelesAsia diversified$400N/AEAV RealtyNew YorkChina diversified$100-$500Fortune Capital HoldingsPFH Investment AdvisoryMumbaiIndia hospitality$200Forum Asian Realty Income Fund IIIForum PartnersBeiingAsia diversifiedN/AN/AGreenwich Group InternationalNew YorkIndia development$1,000HDFC Real Estate Venture Fund IIHDFCMumbaiIndia hospitality$750India Real Estate Opportunities Fund IIIREONew YorkIndia development$400Davinci Japan RE AdvisorsKK Davinci AdvisorsTokyoAsia diversified$2,800N/ANew City CapitalTokyoAsia diversified$1,000LaSalle Asia Opportunity Fund IIILasalle Investment ManagmentChicagoAsia diversified$1,000LaSalle Japan Logistics Fund IILasalle Investment ManagmentChicagoAsia logistics$400Kshiti Venture Capital FundPantaloon Retail/Dalmia GroupMumbaiIndia retail$60Prosperitas Real Estate Partners IProsperitas CapitalSao PaoloBrazil diversified$330Red Fort Real Estate India Fund IRed FortNew DelhiIndia diversified$300Tishman Speyer India FundTishman Speyer/ICICINew YorkIndia diversified$600Tishman Speyer GSC China FundTishman Speyer/GSCNew YorkChina diversified$500N/ATrikona CapitalGrand CaymanIndia development$300N/AWest University CapitalHoustonIndia diversified$300Asia/RoW funds subtotal$12,060Fund of fundsAberdeen Indirect Property Partners AsiaAberdeen Property InvestorsStockholmAsia fund of funds$600American Value Partners Fund IAmerican Value PartnersLos AngelesUS fund of funds$400Fiduciary International Real Estate Fund 2Franklin Templeton/FiduciarySan Mateo (CA)Global fund of funds$300Franklin Templeton European Fund of FundsFranklin Templeton/FiduciarySan Mateo (CA)Europe fund of funds€300Goldman Sachs Real Estate PartnersGoldman SachsNew YorkGlobal fund of funds$1,000LaSalle Investment Company IILaSalle Investment ManagementChicagoGlobal fund of funds$1,000Madison Harbor Private Real Estate PartnersMadison Harbor CapitalNew YorkGlobal fund of funds$400Newlin Realty PartnersNewlin Capital PartnersPrinceton (NJ)Global fund of funds$130Scholder Real Estate of FundsScholder Property InvestmentLondonEurope fund of fundsN/AFund of funds subtotal$4,364TOTAL$91,568FUNDS CLOSED IN 2007
FUND | FIRM | HEADQUARTERS | STRATEGY | CLOSE | TARGET ($m) | CLOSED | DATE |
Beacon Capital Strategic Partners V | Beacon Capital Partners | Boston | US / Europe diversified | First | $3,000 | $1,200 | Feb-07 |
Birchmont Capital Partners I | Birchmont Capital Partners | Los Angeles | North America diversified | Final | N/A | $200 | Feb-07 |
Sterling American Property V | Sterling Equities | New York | US diversified | Final | $400 | $610 | Jan-07 |
Rockwood Capital Real Estate Fund VII | Rockwood Capital | San Francisco | US diversified | Final | N/A | $1,100 | Jan-07 |
SUN-Apollo India Real Estate Fund | SUN Group / Apollo Real Estate | Mumbai / New York | India diversified | Final | $500 | $630 | Jan-07 |
Asia / RoW funds subtotal | $630 | ||||||
TOTAL | $3,740 |