Charlotte D'Souza
Charlotte D’Souza is Editor, Equity for PERE, overseeing the editorial coverage of equity-side capital strategy and formation in private real estate globally. Previously, she reported on European private real estate as PERE's EMEA Editor in addition to curating and editing PERE's monthly global magazine. Based in London, Charlotte joined PEI in 2022, after spending more than seven years on the content team at Preqin, most recently as Senior Editorial Manager overseeing the editing desk for the global alternative assets data business. Charlotte has a BA in English and Spanish from the University of Exeter.
Following a multi-year selection process, two senior executives have been elevated as eventual heads of the business, while three have departed the secondaries manager.
The manager has secured more than $650m across a global program focused primarily on GP-led secondaries but seeded with an LP-led fund portfolio.
Global real estate secondaries transaction volume increased last year, with larger-scale liquidity structures a growing feature of the market, per the manager’s latest research.
Founder Ron Dickerman expects his firm will begin deploying capital next year amid a ‘very intriguing’ time to explore real estate secondaries in the region.
Despite closing its debut real estate secondaries fund below target, the manager perceives a lack of capital in the market relative to the opportunity set.
Two historic fundraises in the space of a week tell us much about where real estate investors see opportunities for returns in a fractured market.
Private equity’s fastest growing sub-sector is also getting market participants excited in adjacent asset classes.
GP-leds are the hot topic after a big year for real estate secondaries as fundraising slows.