Blog

Private Equity Real Estate Funds in Market in Q1 2010

by Andrew Herman

  • 05 Mar 2010
  • RE

There are currently 366 private equity real estate funds in market targeting an aggregate $150 billion in equity.

72% of funds in market are targeting less than $500 million of equity, with these funds accounting for 35% of the aggregate capital targeted by all private equity real estate funds on the road. Funds targeting between $500-999 million in equity commitments account for 20% of the vehicles in market, and 29% of capital targeted. The largest funds, those targeting over $1 billion, constitute only 8% of the funds in market, but are responsible for over 30% of all capital being targeted by private equity real estate funds currently fundraising.

The majority of private equity real estate vehicles on the road are primarily focused on North America. 198 funds currently in market will primarily make investments in North America, with this accounting for 54% of vehicles on the road. 93 of the funds currently in market will predominantly focus on European opportunities, while 75 private equity real estate vehicles currently fundraising will primarily target investments in Asia and Rest of World

Private equity real estate funds that have a primary focus on Asia and Rest of World have the largest average target size, $447 million, with the average target size for all vehicles on the road amounting to $434 million. European funds are generally seeking to raise the lowest amount of equity, targeting an average of $428 million, while funds with a primary focus on North America have an average target size of $431 million.

For more information on private equity real estate fundraising, please click here to see how Preqin's Real Estate Online can assist you.

Continue browsing industry reports, publications, conferences, blogs and more on Preqin Insights