Benson Elliot's recent fundraising proved two things. One is that there is still appetite among institutions to get exposure to “the right kind” of European real estate, manager and fund structure.
The second is that getting the timing right is challenging even for the smartest firms.
Benson Elliot, a mid-market London-based private equity real estate firm, has corralled €510 million for Benson Elliot Real Estate Partners III (BEREP III).