Chart of the Week: Opportunistic Funds by Region

Europe-focused opportunity funds dominate in Q1 2014

 COW514-411 

 

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 Data from PERE Research & Analytics has revealed that Q1 2014 was a strong quarter for opportunistic funds. A total of $30.46 billion was raised in Q1 2014, with approximately $11.56 billion raised between opportunistic funds, or roughly one third. Despite the strong results for Q1 2014 for opportunity funds, regionally, there has been almost a universal dip from the previous quarter, with Asian-Pacific funds facing the largest reduction of all regions. 

 

Despite most regions facing a gradual dip in total capital raised, European-focused funds had skyrocketed past all other regions. These particular funds had raised a total of $9.01 billion, making up over 75% of all opportunistic funds in Q1 2014. One particular fund accounts for nearly 80% of the total capital raised for European opportunistic funds. That fund is the Blackstone Real Estate Partners Europe IV managed by The Blackstone Group, which closed on $7.01 billion this past 

 

Other notable opportunity funds are the North American focused Walton Street Real Estate Fund VII managed by Walton Street Capital which closed on $1.39 billion and the Pan-European European Property Investors Special Opportunities 3 managed by Tristan Capital Partners, which closed on $1.31 billion.