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Alternative Assets  + Real Estate  | 
Schroders Capital Launches “Semi-Liquid” Global Real Estate Fund

Schroders Capital Launches “Semi-Liquid” Global Real Estate Fund

Schroders Capital has launched its first global private real estate fund, Global Real Estate Total Return (GRETR), a semi-liquid fund that aims to “democratize” private assets, according to the firm.

The fund, managed by Kieran Farrelly, head of real estate solutions, and portfolio manager, Yim-Mei Liew will focus on global real estate strategies including direct investments, alongside minority investments in public real estate equity and higher yielding real estate debt.

“The GRETR fund will enable a wide range of investors to gain exposure to a selected portfolio of compelling global real estate opportunities through an efficient ‘one-stop’ solution,” said Farrelly.

The vehicle is the latest in UK-based Schroders’ $1 billion semi-liquid fund series.

The appeal of semi-liquid vehicles lies in their ability to meet redemption requirements more regularly than a traditional closed-ended fund. By offering periodic liquidity, they could alleviate some investors’ reluctance to be locked into a fund for a decade, and by limiting redemptions in a given period, they could also control outflows.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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