The Rise of Real Estate GP Funds
An article concerning real estate “GP” private equity funds authored by New York partner John McDonald and Charlotte partner Paul Steffens for the firm’s Private Equity Quarterly – “ Rise of Real Estate ‘GP’ Funds – And What You Need to Know” – was republished on May 6 in Law360.
In the article, John and Paul discussed the key issues involved in GP funds, which provide some or all of the sponsor equity (GP) contributions for real estate investment vehicles. They note that “GP funds can be a useful tool for real estate sponsors to overcome their capital constraints and free themselves to make additional investments and can also be an attractive investment opportunity for GP fund investors.”