To be named Alpha Real Capital London Europe/Asia diversified €400
Anand Rathi Realty Fund Anand Rathi Mumbai India diversified $120
Horrizon Realty Fund Capitaland/Pantaloon Retail Singapore/Mumbai India retail $350
Arsenal Real Estate Funds Arsenal Real Estate Funds Morristown (NJ) US multi-family $350
Barrow Street Real Estate Fund III Barrow Street Capital New York US diversified $250
Benson Elliot Real Estate Fund II Benson Elliot London European diversified €350
Brascan Real Estate Opportunity Fund Brascan New York NA diversified $1,000
Broadway Partners Real Estate Fund II Broadway Partners New York US office $400
Ceres Realty Fund II BlakelyStern Investment Advisors New York USnortheastdiversified $100
Cherokee Investment Partners IV Cherokee Investment Partners Raleigh (NC) USbrownfield $1,200
CIM Urban Real Estate Fund III CIM Group Los Angeles California diversified $1,000
CPI Capital Partners Europe Citigroup Property Investors London Europe diversified €1,000
CPI Capital Partners North America Citigroup Property Investors New York North American diversified $750
Colony Asia Investors II Colony Capital Los Angeles Asia diversified $500
Colony Europe II Colony Capital Los Angeles Europe diversified €500
Colony Investors VIII Colony Capital Los Angeles Asia diversified $2,000
Composition Capital Europe Fund CV Composition Capital Amsterdam Europe fund of funds €150
Composition Capital Asia Fund CV Composition Capital Amsterdam Asia fund of funds €150
DLJ Real Estate Capital Partners III Credit Suisse New York Global diversified $1,000
DB Global Opportunities Fund II Deutsche Bank London Global diversified $1,500
Doughty Hanson European Real Estate II Doughty Hanson London Europe diversified €500
Dune Real Estate Fund Dune Capital New York Global diversified $750
Dunmore Capital Fund Dunmore Capital Sacramento (CA) California development $200
To be named EAV Realty New York China diversified $100-$500
Elgin Capital Fund Elgin Capital Dublin Berlin residential €60
Embarcadero Capital Partners Fund II Embarcadero Capital San Francisco Value-added US office $200
Franklin Templeton European Fund of Funds Franklin Templeton/Fiduciary San Mateo (CA) Europe value-added fund of funds €300
Fiduciary International Real Estate Fund 2 Franklin Templeton/Fiduciary San Mateo (CA) Globalvalue-added fund of funds $300
EPI Baltic I EVLI Bank Helsinki Value added, Baltic states €100 – €150
Gem Realty Fund III Gem Realty Capital Chicago US diversified $300
GI Partners Fund II GI Partners Menlo Park(CA) Global diversified $1,000
Global Property Fund Global Finance Athens Balkan development $150
To be named Greenwich Group International New York India development $1,000
HDFC Real Estate Venture Fund II HDFC Mumbai India hospitality $750
Hines European development fund Hines Houston Europe development $430
Hines US office fund Hines Houston US office $400
Hudson Real Estate Fund III Hudson Realty Capital New York US diversified $100
Hudson Real Estate Fund IV Hudson Realty Capital New York US diversified $300
IL&FS Real Estate Fund I IL&FS Group Mumbai India diversified $300
Intercontinental Fund IV Intercontinental Boston Value-added US diversified $250
InvestLinc Real Estate Capital 3 Fund Investlinc Group Chicago US diversified $150
JER Real Estate Partners Europe 3 JER Partners McLean (VA) Europe diversified €300
JBC Opportunity Fund III John BuckCo. Chicago US diversified $300
KBS Best Property Fund II KBS Realty Advisors Newport Beach (CA) US diversified $500
Davinci Japan RE Advisors KKDavinci Advisors Tokyo Asia diversified $300
Kshitij Venture Capital Fund Pantaloon Retail/Dalmia Group Mumbai India retail $60
KSL Partners II KSL Resorts La Quinta (CA) US hospitality $650
Lazard Freres Strategic Realty Investors III Lazard Freres & Co. New York US healthcare $500
Lazard Senior Housing Partners Lazard Freres & Co. New York US senior housing $200
Lexin AmTrust Real Estate Partners II Lexin Capital New York US residential $150
To be named Lazard Freres & Co. New York US healthcare $500
Special Situations Fund I Macfarlan Real Estate Dallas NA healthcare, residential + other $300
To be named Madison Marquette Washington DC NA retail $350
To be named Merrill Lynch New York Global diversified $1,000
MIL Equity Partners EquityInvest Boston Eastern and Central European diversified $100
Morgan Stanley RE Special Situations Fund III Morgan Stanley New York Global diversified $1,500
Central European Industrial Fund Morley Fund Mgmt/Teesland i0G London Central/Eastern Europe industrial €160
Urban Strategy America Fund New Boston Fund Boston Value-added US urban redevelopment $200
To be named Normandy Real Estate Partners Morristown (NJ) US office $450
California Smart Growth Fund IV Pacific Coast Capital Partners El Segundo (CA) California diversified $400
Paladin Realty Latin America Investors II Paladin Realty Partners Los Angeles Latin America diversified $200
Palisades Distressed/Value-added Fund Palisades FInancial Englewood Cliffs (NJ) US diversified $200
Parmenter Realty Fund III Parmenter Realty Partners Miami US office $200 – $250
Perry Capital Partners Perry Capital New York US diversified $150
Place/Blue Vista Student Housing Fund Place Properties/Blue Vista Capital Atlanta/Chicago USstudent housing $200
Prudential Real Estate Companies Fund II Prudential Real Estate Investors Parsippany(NJ) Global diversified $400
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 $250
RCG Longview Equity Fund Ramius Capital Group New York US diversified $300
Red Fort Real Estate India Fund I Red Fort New Delhi India diversified $300
RLJ Loding Fund II RLJ Development Bethesda (MD) US hotel $600
Stillwater Real Estate Partners Fund Stillwater Capital New York US residential $50
Stockbridge Real Estate Fund II Stockbridge Capital Partners San Mateo (CA) US diversified $500
Sun Apollo India Fund I Sun Group/Apollo Real Estate Moscow/New York India diversified $300
Tishman Speyer European Real Estate Venture VI Tishman Speyer New York Europe value-added office €500
Tishman Speyer India Fund Tishman Speyer/ICICI New York India diversified $350 – $400
Tishman Speyer GSC China Fund Tishman Speyer/GSC New York China diversified $500
Walton StreetV Walton Street Capital Chicago US diversified $1,000
To be named West University Capital Houston India diversified $300


Aberdeen Indirect Property Partners Aberdeen Property Investors Stockholm Europe fund of funds Final €460+ €623.5 Feb-06
AEW Partners V AEW Capital Management Boston Global diversified Final $500 $686 Apr-06
AMP Capital Select Property Portfolio No.2 AMP Capital Sydney Australia diversified Final N/A A$201 Apr-06
Apollo Real Estate Investment Fund V Apollo Real Estate Advisors New York US diversified Final $500 $700 Jun-06
Beacon Capital Strategic Partners IV Beacon Capital Boston US and Europe office Final $1,750 $2,000 Apr-06
Behringer Harvard Strategic Opportunity Fund Behringer Harvard Funds Addison (TX) US/Europe diversified Final $100 $65 Mar-06
Blackstone RE Partners V The Blackstone Group New York Global diversified Final $4,000 $5,200 Jun-06
BRCP Realty II Broadreach Capital Palo Alto US diversified FInal N/A $700 May-06
Brockton Capital I Brockton Capital London UK diversified 1st N/A $275 Apr-06
Colony Investors VII Colony Capital Los Angeles Global diversified Final $1,000 $1,200 Jan-06
EIPII Equity International Partners Chicago International diversified Final $400 $300 Mar-06
Fortress IV Fortress New York Global diversified Final N/A $3,000 Apr-06
Frogmore Real Estate Fund Frogmore London UK diversified Final N/A £325 May-06
HEI Hospitality Fund II HEI Hospitality Norwalk(CT) US hospitality FInal N/A $425 Feb-06
Heitman European Property Partners III Heitman LLC Chicago Central European diversified Final $225 €350 Mar-06
Highcross Regional UK Partners 2 Highcross group Newbury (England) UK diversified Final N/A $200 £325 May-06
Clarion Development Ventures II ING Clarion Partners New York US diversified development Final $150 $205 Jan-06
Keystone Properties Fund II Keystone PropertyGroup Conshohocken (PA) US office/industrial 1st $80 Apr-06
JEN I JEN partners New York US diversified Final N/A $93 Mar-06
Lubert-Adler Real Estate Fund V Lubert-Adler Partners Philadelphia US diversified Final N/A $1,700 Jan-06
Morgan Stanley Real Estate Fund V Morgan Stanley New York International diversified Final $3,000 $4,200 Mar-06
Perseus Capital City Fund Perseus Realty Capital Washington DC US diversified 1st $150 $100 Feb-06
Starwood Global Opportunity Fund VII Starwood Capital Greenwich (CT) Global diversified Final $1,000 $1,475 Feb-06
Total $25,000