07.02.10

PREI, acting on behalf of German institutional investors

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PREI, acting on behalf of German institutional investors in its Asia realestate Fund I, has committed $50 million and so far participated in three investments in a mezzanine program managed by BHI, which will provide deal sourcing, acquisition and asset management services. BHI was formed by Beekman Advisors and Helix Financial Group, and is led by CEO Shekar Narasimhan, a Beekman managing partner and former Prudential Mortgage Capital Company managing [...] The housing market is on a steep growth path. The company provides advisory and realestate investment management services to Indian developers and institutional investors.
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