Fund administration provider Phoenix American has announced a new client partnership with private equity real estate investment fund sponsor, Capital Square.
Property funds suffered outflows of GBP1.1 billion in 2020, according to the latest Fund Flow Index from global funds network Calastone.
Patron Capital, a pan-European institutional investor focused on property-backed investments, has closed its most recent fund, raising EUR844 million (USD1.038 billion), including approximately EUR128 million (USD157 million) of co-investment capital for Patron Capital, LP VI.
Belveron Partners, an affordable housing and preservation-focused investment group, has closed its sixth real estate investment fund at USD280 million, exceeding its initial target of USD225 million.
Humphreys Capital, a leading real estate investment company headquartered in Oklahoma City, has reopened the Humphreys Real Estate Income Fund (HREIF) to accredited investors.
Macquarie Asset Management (Macquarie) will expand its private credit offering with the launch of a secure income real estate strategy initially targeting investment opportunities in commercial ground leases.
By Elliot Refson, Director of Funds, Jersey Finance – As global markets continue to grapple with extreme uncertainty, with the ongoing fallout of Covid-19 and the impact of Brexit becoming a reality, Jersey’s funds industry finds itself in a strong position – well prepared to support investors and guide them through unchartered waters in the short-term and with the right ingredients to help them achieve their long-term ambitions too.
Interview with Simon Hopwood, Maples Group – The Covid-19 pandemic has caused a devastating impact on human life and health, and the global economy. As a consequence, the funds industry has faced unprecedented challenges, as it continues to navigate through unchartered waters.
Ashley Le Feuvre (pictured), VG, considers the key trends currently driving growth and development within Jersey’s funds industry…
By A Paris – Jersey is capitalising on its future position outside of the EU to attract US fund managers to its shores. This is despite the potential uncertainty driven by the looming end of the Brexit transition period and the global pandemic.