Credit Suisse Asset Management is extending a ban on withdrawals from its EUR 6.5 bn German open-ended fund CS Euroreal for an additional nine months as it fears a new massive wave of redemptions from investors. CS Euroreal is the first of several open-ended funds which halted redemptions in October to announce it will not lift the three-month ban running to end-January.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
