Other
TPG Real Estate Partners (TREP) / TPG Angelo Gordon and Beltane Asset Management are moving forward with plans to deliver a £250m development in Notting Hill after tapping up the lending market. The duo are understood to seeking around £150m in development finance to redevelop the long stalled Newcombe House site.
Mandate & appetite
- Preferred strategies
- OpportunisticReal EstateDevelopment
- Target geographies
- —
- Typical ticket
- —
- AUM
- —
- Real-asset allocation
- —
- Appetite
- —
Investor profile
TPG Real Estate Partners (TREP) – TPG's opportunistic real estate equity fund series that focuses on investing in property-rich platforms and strategic portfolio aggregations TREP – TPG's opportunistic real estate equity fund series that focuses on investing in property-rich platforms and strategic portfolio aggregations – has been one of the most noticeable early-cycle investors in the European market. | IDEA: PBSA, but already have a UK student JV with Melburg Capital plus developer Hollybrook
Similar investors
Comparable allocators
Other · $222bn AUM
TPG
Fort Worth, United States
TPG is an asset management firm headquartered in Fort Worth, United States. It manages a diverse portfolio across various sectors, with a focus on private equity, growth capital, and real estate investments.
Other · $104bn AUM
TPG Angelo Gordon
New York, United States
TPG Angelo Gordon is a diversified credit and real estate investing platform formed after TPG's acquisition of Angelo Gordon, focusing on alternative investment opportunities.
Other
TPG Angelo Gordon
France
Counterparty in 2024/2025 European hotel transactions (HVS).
Other · $1.1bn AUM
L&G
—
In 2024, L L&G announced a new tripartite partnership with Nest, the state-backed UK pension fund, and existing partner PGGM for a new £1bn BTR development vehicle, the Access Development Partnership II. The eventual aim is for each member to put £350m into the partnership | IDEA: Partner for direct equity investments like PBSA: In other significant changes, this summer L&G hired Toby Creamer from CBRE Investment Management in a newly-created role of head of European transactions to lead Continental Europe real estate equity investments. It is the first time the firm has sought to make direct equity real estate investments in Europe outside of the UK.
Other · $1.4bn AUM
Crosstree Real Estate Partners
United Kingdom
the Ernesto Bertarelli-backed firm Founded by former Blackstone director Nick Lyle and former Starwood director Sean Arnold, Crosstree Real Estate Partners was originally backed by Swiss-Italian pharmaceutical billionaire Bertarelli. It has since expanded its investment vehicles to include outside investors. Crosstree has historically been funded by the Bertarelli family, but has also raised three commingled funds, including its most recent with £490m of capital that closed in 2023. | IDEA: PBSA/Co-living partner for Germany as worked with Generation Partners in UK; joint venture with re:shape and Crosstree Real Estate Partners reflects our continued mission to deliver alternative living solutions | PERE 200 2024 Rank #151 | 5yr fundraising $1,265m
Other · $972m AUM
BC Partners Real Estate
—
is the real estate investment platform of BC Partners which was launched in 2018 by Stéphane Theuriau, Laurian Douin and Thibault Lauprêtre. Its debut fund – BCPERE I – endowed with €900 million of equity commitments has made 10 investments in France, Germany, Italy and the UK across the office, residential, hospitality, and industrial sectors. - Invested in French serviced apartment operator - Assets: Office, residential / NO shopping centres - Countries: UK, France, Germany (less Spain, Italy, Netherlands); NO Nordics - Need 15% IRR and 1.7 MOIC, i.e. around 4yr investment - Launched 900m fund in 2020 - 20 employees in Europe in London, Hamburg and Paris - Credit business only in US | IDEA: Partner for Co-living/PBSA Investor for Pluto residential project in Colgnoe from Pluto/Roehrig according to Alessandro Alfieri Build student housing platform with BOB in Berlin; want to invest 50-100m per platform Probably do more platforms compared to the previous cycle, with more proof of concept, more mature concepts, and growth stories, as opposed to the venture capital approach where you seed a team with assets that turns into growth,