hedgefunds
10 Billion Real Estate Fund launch
Filed in archive Hedgetalk by Alex Akesson on April 2, 2008
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Hedge fund Blackstone Group L.P. announced the closing of Blackstone Real Estate Partners VI (BREP VI) with capital commitments totaling $10.9 billion, creating the largest real estate opportunity fund ever raised.

The new fund has more then 60 investment and asset management professionals with broad experience across most real estate categories, including hotels, office, residential, retail, and other commercial properties.

The hedge fund firm has raised a total of nine real estate funds since inception, both funds for global investing and funds with a specific focus on Western Europe, with total capital commitments of $25.7 billion.

More at; Blackstone Creates Fund Worth Over 10 Billion



Permalink: 10 Billion Real Estate Fund launch
Tags: hedge+fund    fund  hedge  2007  real+estate  hedge+funds 
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