Preqin Quarterly Update: Real Estate, Q3 2014

Preqin Quarterly Update: Real Estate, Q3 2014

Despite a slight fall in fundraising in Q3 2014 compared to the previous quarter, the total capital raised in 2014 so far remains strong, with the USD63bn raised in the first three quarters of the year surpassing the USD56bn raised during the same period last year. However, the number of funds reaching a final close has declined from 166 to 121 over this time period, and almost two-thirds of capital raised by funds holding a close in Q3 came from just five firms, suggesting that capital is increasingly concentrated among fewer managers. »


Preqin Quarterly Update: Infrastructure, Q3 2014

Preqin Quarterly Update: Infrastructure, Q3 2014

Fundraising for private infrastructure funds has remained strong in 2014 to date, with the 14 funds closing on an aggregate USD8.5bn in Q3 2014 bringing the total raised throughout the year to USD27bn, a small increase on the USD23bn raised over the same period last year. However, capital is further concentrated among a smaller selection of managers, with the number of funds to close falling. Just 28 funds have closed in the first three quarters of this year, compared to 41 in the same period in 2013. »


Preqin Quarterly Update: Private Equity, Q3 2014

Preqin Quarterly Update: Private Equity, Q3 2014

The third quarter of 2014 saw 199 private equity funds reach a final close, raising USD80bn in aggregate capital, representing 21% fewer vehicles and a significant 44% decrease in capital commitments compared to the previous quarter. However, the relatively low number of funds means that the average fund size of USD402m is particularly high. Investors seem to be more inclined to commit capital to the larger, more established private equity fund managers, and these statistics serve as evidence of continuation of the trend seen in the fundraising market last year. »


EU flag

Raft of senior hires at DTZ Investors reflects greater European focus

DTZ Investors, the European fund management arm of DTZ, has recruited a number of high profile staff over the summer months as the business continues to grow. »


Shopping bags

Slate Retail REIT acquires Smithfield Shopping Plaza

Slate Retail REIT has acquired a grocery-anchored shopping centre located in Smithfield, Virginia. »


One finger

Carey Olsen ranked tier 1 for corporate and funds work across jurisdictions

Carey Olsen's financial and corporate and investment funds work in the Channel Islands, the Cayman Islands and the British Virgin Islands has been recognised in the 2015 International Financial Law Review 1000 (IFLR1000) guide. »


Approved stamp

Urban&Civic secures permission for foodstore and industrial development in Kent

Urban&Civic has secured provisional planning permission for a 99,659 square foot foodstore and petrol filling station, along with 32,000 sq ft of industrial development at Altira Business Park in Herne Bay, Kent. »


Handshake

Internos appoints retail expert Jenefer Greenwood to board

Internos Global Investors, the EUR4 billion owner-managed real estate fund management firm, has appointed retail expert Jenefer Greenwood to its investment board as a non-executive director. »


Canada flag

Allied Properties REIT vice president and chief financial officer to leave

Peter E Sweeney, vice president and chief financial officer of Allied Properties Real Estate Investment Trust, is leaving to pursue a career opportunity with another Canadian REIT. »


Handshake and money

AllianceBernstein and Centerboard acquire Signor Group temp lodging assets

AllianceBernstein Real Estate Group (AB RE Group) and Centerboard Group have acquired a majority interest in a new company which owns all of the temporary lodging accommodations assets of Signor Group. »


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Mon, 10/11/2014 (All day) - London
Mon, 10/11/2014 (All day) - London
Thu, 13/11/2014 (All day) - London