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

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...