Events

As the prominence of domestic capital continues to boom in market like China, international fund managers must look to other areas to compete on deals.

The drastically altered real estate opportunity requires skill sets, including restructuring and asset management, that are not sufficiently in place at many fund managers, argued participants at a roundtable discussion organised by PERE magazine.

General partners attending this year's PERE Forum in Hong Kong were today warned that despite the inability of many US pension funds to commit equity this year, they expect communication from GPs throughout the year. Those who listen to the advice will be well positioned to take advantage when their equity doors open again in 2010.

As limited partners see distressed development as an investment opportunity, they are asking general partners for shorter fund lengths.