Lone Star Real Estate Fund

Lone Star Real Estate Fund (U.S.), L.P. and Lone Star Real Estate Fund (Bermuda), L.P. (collectively, “Lone Star Real Estate Fund”), formed in December 2007, held their final closings in July 2008 with $2.4 billion in combined capital commitments. Over its 24 month investment period, Lone Star Real Estate Fund invested substantially all of its equity capital in 11 investments comprised of 1,324 assets with an aggregate purchase price of approximately $6.2 billion. Transactions consummated by Lone Star Real Estate Fund included investments in commercial real estate and real estate-related loan portfolios.

Driven by the limited availability of capital and financing, Lone Star Real Estate Fund utilized its large pool of capital to strategically acquire a global portfolio of distressed real estate and real estate-related assets throughout Japan, Western Europe and the U.S.