TrafficCourt

Blackstone Pays Back Former Fund Investors (Monday's News & Notes)

RSS

Investors in commercial real estate funds that lost money in the current downturn can take heart: their fund managers might be forced to recoup at least some of their losses. Bloomberg reports that private equity firm the Blackstone Group has returned $3 million to investors in its Blackstone Real Estate Partners International LP, as a result of so-called "clawback" provisions. Next quarter, Blackstone might end up paying more than $15 million to investors in another real estate fund. For this and other stories about retail and retail real estate, follow the links below:

Please or Register to post comments.

What's TrafficCourt?

Industry news, views and occasional strange stuff.

Contributors

Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
Blog Archive
National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×