News Release: $39.2bn raised by private equity real estate funds in H1 2013

Latest private equity real estate fundraising statistics revealed by PEI

Highlights for H1 2013:

• $39.2 billion was raised through the final close of 100 private equity real estate funds. This is less than the $64.7 billion raised in H2 2012 – which was dominated by Blackstone’s fund that closed in that period – but more than the $31.9 billion raised in H1 2012.
• Fundraising was dominated by funds targeting investments in North America. $20.1 billion was raised for such funds.
• Funds with an opportunistic strategy raised $14.4 billion from investors in this period.
• There are currently 584 funds on the road, targeting $218.1 billion on aggregate.

Notes and methodology:

We only count private equity real estate funds that held a final close in the period 1 January – 30 June 2013. Please note that these numbers will increase slightly when more data becomes available.

“Funds raised” includes funds that have held a final close and excludes funds that have only held interim closes. “Funds in market/coming to market” includes all those funds actively being marketed to institutional investors as well as those in the pre-marketing stage.”

About PEI:

PEI provides news, data and conferences for the global alternative asset classes of private equity, real estate, private debt and infrastructure. With offices in London, New York and Hong Kong, PEI is the leading source of news, data and analysis for professionals engaged with these industries worldwide. The company has five print/digital publications, manages a suite of databases, runs more than two dozen conferences globally, publishes a library of 20 books and directories and has a fast-growing training business all dedicated to alternative assets. The company, founded in 2001, is owned by management.