Data Bank: The big get bigger (and bigger and bigger and …)
If it seems as though The Blackstone Group has been capturing an awful lot of investment dollars, that is because it has. Blackstone raised more over the past few years than any other real estate fundraiser, pulling in more than $27.2 billion across five funds from 2012 to 2014.
The top 10 largest capital raisers attracted $84.4 billion from 2012 through 2014 — 37 percent of the total capital raised over the period. Blackstone alone represented 12 percent of total fundraising and one-third of the equity raised by the 10 largest capital raisers.
Blackstone’s domination is unlikely to end any time soon. Since the start of the year, IREI’s FundTracker database has logged a number of commitments to the prodigious fundraiser. The firm’s newly launched Blackstone Real Estate Partners VIII, which could raise some $15 billion, has received commitments from institut