Och-Ziff Is Said Looking to Raise $2 Billion for Real Estate Fund

The transcript discusses the competitive landscape of real estate funds, highlighting Blackstone's efforts to raise $18 billion for its largest fund. It also covers OCF's diversification into real estate following a bribery scandal, with a new CEO steering the company towards credit and real estate investments. The discussion touches on market dynamics, noting a sellers' market with limited properties and rising prices, and the challenge of deploying available capital effectively.

What does the term 'dry powder' refer to in the context of investments?

How is the current market described in terms of buyers and sellers?