Sunday, 25 January 2015
Last updated 2 days ago
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.”
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…