PEI Group Data

Participation from US investors declined compared with the fund's predecessor, but the manager benefited from new capital sources in Asia.

Six months after leaving EQT Real Estate, PERE's 2024 Lifetime Achievement Award winner is ready for the next chapter in his career with ExCorde Capital.

Performance is just one reason why a fund with an original target of $6bn ultimately collected less than half that amount.

The Dallas-based private equity real estate firm cites investor liquidity issues and a keenness to get deploying for the $2.7bn final closing for LSREF VII, less than half its initially reported $6bn target.

The London-based firm is expanding in North America with an opportunity fund backed by the Arizona Public Safety Personnel Retirement System.

The Miami-based firm is expected to complete a rolling first close for the opportunistic vehicle later this year.

The asset manager raised 60% of the commitments for its latest opportunistic real estate vehicle from new investors.

The New York- and London-based manager has reduced the fund’s target deal size as a reflection of where it sees distress emerging. 

The firm, which closed $100m over its target for Fund VI, is part of a growing percentage of managers beating their fundraising goals.

The South Carolina-based manager has raised $1.9bn for the latest iteration in its flagship multifamily fund series.