BPG Closes $850M Real Estate Fund

Jul 13 2007 | 11:50am ET

Private equity real estate shop BPG Properties has closed its eighth fund with $850 million. BPG Investment Partnership VIII will target office, multi-family, industrial, and retail properties throughout the U.S.

BPG’s investors include public and corporate pension plans, endowments, foundations, financial institutions, and family trusts.

“The response to Fund VIII from the institutional investor community was extremely positive,” said Daniel DiLella, president and CEO. “With our track record of strong returns and our demonstrated staying power, over ninety percent of our existing investors committed to our latest offering and we quickly developed a waiting list of new investors who wanted to invest in the Fund.”


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note