PropertyEU

Clerestory: equal terms essential as opp funds proliferate

By A staff reporter 2008-06-27T00:00:00

The proliferation of private opportunity funds in the US and Europe targeting distressed property amid the fallout from the credit crunch is increasing pressure on managers to accept 'special terms' from investors, according to New York-based fund of funds manager Clerestory Capital Partners. 'This issue needs to be more widely ...

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