Latest news with #redemptions
Bloomberg
2 days ago
- Business
- Bloomberg
Trez Capital Halts Redemptions Across Five Real Estate Funds
Trez Capital suspended redemptions across five funds as the private real estate manager works through 'elevated' withdrawal requests from investors, ongoing loan funding needs and debt workouts. Trez didn't provide a time frame for when investors will be able to receive their money, but said the effort was intended to protect all unitholders and ensure 'orderly management' of the funds, according to a statement.
Bloomberg
09-06-2025
- Business
- Bloomberg
Starwood REIT Begins to Scale Back Its Steep Withdrawal Limits
A real estate fund managed by Barry Sternlicht's Starwood Capital is slowly lifting a cap on redemptions more than a year after it severely limited investors' ability to retrieve capital. Beginning this month, Starwood Real Estate Income Trust, or SREIT, will limit share repurchases to 0.5% of the fund's net asset value, according to a filing Monday. The fund will also increase quarterly redemptions to 1.5% of NAV in July. The new limits represent a small increase from previous caps of 0.33% per month and 1% per quarter.
Bloomberg
16-05-2025
- Business
- Bloomberg
Global Backlash Drives Worst ESG Fund Redemptions on Record
The global market for sustainable funds just suffered its worst quarter on record with redemptions reaching an all-time high, according to a fresh analysis by Morningstar Inc. Against a backdrop of 'geopolitical uncertainty and a growing backlash against ESG,' investors withdrew an estimated $8.6 billion in the first quarter of 2025, Morningstar said on Thursday. The development marks a 'stark reversal' from the $18.1 billion in inflows in the final quarter of 2024, it said.
