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.
Schroders Capital, the private capital arm of Schroders, manages more than $25bn in private equity assets.
Despite the lack of deal volume and build-up of dry powder in the sector, there remain parts of the market where borrowing needs are not being met.
Gaining significant exposure to real estate credit was also a key draw, according to global co-head of real estate Karim Habra.
At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.
Historical trading activity and higher-than-average investor allocations have brewed a 'perfect storm' in the country's real estate market.
The US-based manager said recapitalisations can help borrowers bridge funding gaps and hold on to good assets until the market turns.