New Real Estate Fund Managers Face a Tough Market for Raising Capital
New real estate fund managers are finding it difficult to close funds, perhaps reflecting a general mood of caution and transaction slowdown in the market. A new report from London-based research firm Preqin found that institutional investors continue to limit the number of fund managers they use, and when deciding on which managers make the cut, they are most likely to go with firms with longer track records and extensive experience.
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