Law360, New York (January 19, 2012, 7:02 PM ET) -- As the fight to raise real estate funds intensifies, private equity firms are now being forced to debate terms that once seemed set in stone and investors are gaining concessions that have long eluded them in an attempt to overcome widespread market ambivalence, attorneys told Law360.
The Carlyle Group made headlines recently with the closing of a $2.3 billion real estate fund that the firm opened on the heels of the recession. The incentives Carlyle offered major investors, like lower management fees and higher preferred returns,...
Private Equity Losing Ground To Real Estate Backers
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