Opportunity Knocks in Fundraising


Headquartered in London and New York City, Preqin sees fundraising’s momentum continuing.

LONDON and NEW YORK CITY—The current year is shaping up as the best one for opportunistic real estate fundraising since the capital markets meltdown in 2008, says Preqin. Year-to-date fundraising by closed-end opportunistic private real estate funds has totaled $47.7 billion globally, a figure that already surpasses the $34.5 billion total of funds that closed during 2014.

The third quarter of 2015 was an especially successful period for opportunistic fundraising. Funds that held their final close during Q3 raised a total of $28.2 billion, three-quarters of the total raised by all private real estate funds during the quarter. That’s nearly four times as much as opportunistic funds raised in the previous quarter.

Q3 saw closings by 33 closed-end private real estate funds—opportunistic and otherwise—globally, and they raised an aggregate $37.5 billion. While this represents a decline in number from the 58 funds closed in Q2, it also represents a 29% increase in the aggregate capital raised…

Opportunity Knocks in Fundraising

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