Partners Group, a leading global private markets firm, received USD12.1 billion in new commitments from its global client base in H1 2021 (H1 2020: USD8.3 billion), bringing the firm's total AuM to USD118.9 billion as of 30 June 2021 (31 December 2020: USD109.1 billion). During the same period, the firm committed USD13.1 billion to transformational investing across private markets asset classes globally.
Results & performance
Real estate funds of funds globally increased their total value of assets under management (AUM) to a record high of at least EUR43.4 billion at the end of 2020, marking the third consecutive year of growth, according to the ANREV/INREV/NCREIF Fund Manager Survey 2021.
FAP Group has recorded the largest individual investor commitment so far for the FAP Balanced Real Estate Financing I Fund, a EUR50 million contribution by a German insurer, which brings the equity volume to over EUR200 million in total.
Results from the latest INREV Pan-European Quarterly Asset Level Index reveal healthy performance by European non-listed real estate, with total returns reaching 1.35 per cent in Q1 2021.
London multi-let industrial property had a total return of 20.5 per cent in the 12 months to end-April 2021, with UK-wide distribution warehouses returning over 18 per cent, according to Gerald Eve’s latest In Brief bulletin.
Outflows from property funds intensified in May as Indian-variant Covid brought calls for extension to restrictions
Property funds suffered their second-worst outflow on record in May, according to the latest Fund Flow Index (FFI) from Calastone, the largest global funds network.
Property fund managers heaved a sigh of relief in April as outflows slowed by 86 per cent month-on-month. At -GBP81 million they were the lowest since September 2020, and a significant improvement from the record drop of -GBP576m in March.
Despite the outbreak of the Covid-19 pandemic, global real estate investment managers raised at least EUR123 billion (USD150.7 billion) of new capital for non-listed real estate in 2020, according to the Capital Raising Survey 2021, published by ANREV, INREV and NCREIF.
The UK’s largest flexible property management service, Houst, is expanding its service area into Kent to support the summer staycation surge.
Property finance lawyers at north west firm Taylors Solicitors completed deals totalling GBP50 million during the first three months of 2021 in a record quarter for the team.