EUROPE NEWS: 'Worst market', biggest fund

Benson Elliot has raised €510m for its second vehicle. Marc Mogull explains why peaks in stock exchanges globally at the start of 2008 suggested it was time to go back to investors. PERE Magazine March 2009 issue.

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).

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