Real Estate Hedge Fund To Roll Out Offshore Vehicle

Mar 22 2012 | 12:27pm ET

Dallas real-estate hedge fund KeyPoint Capital Management is readying an offshore version of its flagship for launch this summer.

The tentatively-named KeyPoint Offshore Real Estate Opportunity Hedge Fund will debut with $10 million from funds of hedge funds in June, HFMWeek reports. The new fund will be run alongside the existing onshore vehicle; all told, the strategy has a capacity of $1 billion.

KeyPoint plans to hire an analyst in May. Firm founder Rod Hinze is also planning to visit Europe to push his wares to allocators outside of the U.S. But it isn't investor demand that's driving the new offshore fund's launch—it's opportunity.

"It is an inefficient market," Hinze told HFM. "It is a retail-driven yield-seeking investor. It is under-covered on the Street and there are predominantly long-only REIT funds in this space."

The $37 million firm invests primarily in U.S. real estate, especially retail, industrial and commercial space. It also invests in healthcare properties, prisons, movie theaters, data centers and cellular phone towers.


In Depth

Q&A: Schroders’ Forest Discusses Multi-Asset Investments On Eve Of U.S. Launch

Jul 17 2014 | 8:05am ET

Global investment manager Schroders has $446 billion in assets under management, $...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note