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IPE special report May 2018

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Dutch scheme seeks to invest €20m in US real estate fund

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  • Dutch scheme seeks to invest €20m in US real estate fund

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IPE-QUEST – Grontmij Capital Consultants (GCC) is currently looking for a non-listed real estate retail fund in the US on behalf of one Dutch pension fund, using IPE-Quest.

In search QN1332, GCC said it was conducting a selection of institutional retail funds based in the US for a Dutch client seeking to commitment €10m-€20m in capital

The fund selected would have to be core or value-added and targeted at institutional investors.

GCC said it required that fund managers had 50% or more of their fund's total investment allocated to retail assets.

The fund could have a second asset sub-category, such as offices or warehouses, but these assets should not ideally exceed 25% of the total investment size of the fund, GCC said.

Additionally, GCC stressed that the Dutch pension fund would prefer a loan-to-value (LTV) as low as possible and would rather avoid any blind pools – a fund without any assets to its name.

Interested fund managers have until 5 September to list their funds and respond  to GCC's request.

The IPE.com news team is unable to answer any further questions about IPE-Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.

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IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2435

    Asset class: CLOs.
    Asset region: Global.
    Size: USD 50m.
    Closing date: 2018-05-22.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

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