Private Equity
BEREP V received commitments from around 40 institutional investors. : Global institutions have backed Benson Elliot Capital Management to raise over €800m for its latest pan-European value-add/opportunistic fund. The UK-based private equity real estate fund manager said its Benson Elliot Real Estate Partners V (BEREP V) fund exceeded its €800m target at close. The predecessor fund raised €634m in June 2016. Launched in 2018, BEREP V was substantially raised in six months, with a repeat investor rate of over 95% from the prior fund, the manager said.