- July 1, 2015: Vol. 9, Number 7

To read this full article you need to be subscribed to Institutional Real Estate Europe

First quarter sets highest fundraising volume since Q3 200

by Denise DeChaine

A total of 24 private equity real estate funds recorded final closings during the first quarter of 2015, according to Institutional Real Estate FundTracker. The quarterly volume of $31.6 billion (€28 billion) ranks as the highest first quarter total since FundTracker began collecting data in 2007, and it’s the highest amount raised since Q3 2008 ($36.6 billion, €32.4 billion). The funds have an average fund size of $1.32 billion (€1.17 billion). When looking at previous totals throughout the past few years, this quarterly total was more than one-third of last year’s 12-month total ($91.7 billion, €81.2 billion), 40 percent of the total fundraising volume for 2013 ($79.2 billion, €70.1 billion) and more than half of the fundraising volume for 2012 ($60.7 billion, €53.7 billion).

One of the main reasons for this spike in fundraising was the closing of The Blackstone Group’s Blackstone Real Estate Partners VIII. The opportunistic fund raised a total of $15.8 bi

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy